“Positive economics is in principle independent of any particular ethical position or normative judgment...In short, positive economics is or can be an "objective" science.”
Quote by Milton Friedman
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“The new mixed economy looks...for a synergy between public and private sectors.”
“History cannot be reduced to a set of statistics and probabilities.”
Source: The Age of Paradox
“The eighties was an era when many companies were asset rich and cash poor.”
“No less than war or statecraft, the history of Economics has its heroic ages.”
Source: Complete Essays: 1920-1925
