Home / Quotes / Quote by Milton Friedman

Quote by Milton Friedman

“The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.”

Quote by Milton Friedman

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

You May Also Like

“Silver gray hair Neatly combed in place There were four generations Of love on her face She was so wise No surprise passed her eyes She's seen it all”

Eye Faces Wise Four Generations Hair Surprise Silver Gray Her Eyes Grandma Gray Hair Four Generations

Author:Dianne Reeves

“We have all felt those emotions in these last few days. So what I say to you now, as your queen and as a grandmother, I say from my heart.”

Heart Lasts Felt Emotion My Heart Queens Grandmother Grandma

Author:Queen Elizabeth II

“Though she doesn't remember any trauma, she said that her parents told her she cried on a daily basis and her grandmother resorted to passing out candy so the kids would play with her. Though it was a humorous moment, Mila said, "I know, God bless her. She's an amazing, amazing woman."”

Knows Said Play Moments Kids Remember Parent Humorous Bases Trauma Passing Passings Grandmother Bless Cried Candy Knowing God Grandma God Bless Amazing Woman Passing Out

Author:Mila Kunis

“I'm the same kid who used to hop the trains with headphones and just go to downtown Manhattan, walk around and listen to music or walk through the city. The fame restricts that. It's a small complaint in comparison to the benefits I get from it, but the restrictive part is what I don't like - and the fact that it's not reversible.”

Facts Kids Used Walks Cities Fame Benefits Train Hops Comparison Complaints Listening To Music Manhattan Downtown Headphones

Author:J. Cole

“She'd crack A joke sharp as a tin lid Hot from the teeth of the can-opener, And cackle her crack-corn laugh.”

Laughing Jokes Hot Teeth Cracks Corn Grandma Tin

Book:The Dead and the Living

Source: The Dead and the Living

“Among the current discussions, the impact of new and sophisticated methods in the study of the past occupies an important place. The new 'scientific' or 'cliometric' history-born of the marriage contracted between historical problems and advanced statistical analysis, with economic theory as bridesmaid and the computer as best man-has made tremendous advances in the last generation.”

Source: Which Road to the Past?: Two Views of History

“Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and paraphernalia of a hard science. It's not just putting on sandals and trekking out to take notes on some tribe.”

Hard Social Numbers Economics Notes Tribes Economist Curves Trekking Snob Social Science Sandals Graphs

Author:Michael Kinsley

“The engineer who counts cost as nothing as compared to the result, who holds himself above the consideration of dollars and cents, has missed his vocation.”

Results Cost Economics Dollars Consideration Cents Engineers Vocation

Author:Coleman Sellers II

“Coining "Dismal Science" as a nickname for Political Economy”

Political Economy Economics Nicknames Political Economy

Author:Thomas Carlyle

“In all recorded history there has not been one economist who has had to worry about where the next meal would come from.”

Next Business Worry Economics Management Meals Economist

Author:Peter Drucker