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Quote by Milton Friedman

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An economist's protest: columns in political economy

An Economist's Protest: Columns in Political Economy is a compilation of thought-provoking essays that explore the complex relationship between economic theory and political practice. The book covers a range of topics, including economic policy, market dynamics, and the social impact of economic decisions. It provides readers with a critical analysis of current economic trends and challenges, offering a unique perspective on the role of economics in shaping political landscapes. more

Author

Milton Friedman
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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“The economic freedom which is the prerequisite of any other freedom cannot be the freedom from economic care which the socialist promise us, and which can be obtained only by relieving the individual at the same time of the necessity and of the power of choice: it must be the freedom of economic activity which, with the right of choice, inevitably also carries the risk and the responsibility of that right”

“It may be that a free society... carries in itself the forces of its own destruction, that once freedom has been achieved it is taken for granted and ceases to be valued, and that the free growth of ideas which is the essence of a free society will bring about the destruction of the foundations on which it depends.”