“The rule of law does not guarantee freedom, since general law as well as personal edicts can be tyrannical. But increasing reliance on the rule of law clearly played a major role in transforming Western society from a world in which the ordinary citizen was literally subject to the arbitrary will of his master to a world in which the ordinary citizen could regard himself as his own master”
Quote by Milton Friedman
Work
There's no such thing as a free lunch
This book delves into the concept that nothing of value is obtained without some form of compensation, examining its implications in various aspects of life and business. more
Author
Milton Friedman
Milton Friedman was a renowned economist known for his contributions to the field of free-market economics. His research in monetary economics, consumer behavior, and tax policy has had a profound impact. more
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Source: An economist's protest: columns in political economy
“Every person shall be free to do good ' at his own expense.”