A Quote by Milton Friedman

The argument for the free market is a complicated and sophisticated one and depends on demonstration of secondary effects. I have confidence market efficiency will win out.

Milton Friedman

Quote Topics

Argument Complicated Confidence Demonstration Depends Effects Efficiency Free Free Market Have Confidence Market Market Efficiency Out Secondary Sophisticated Will Win

Quote Author

Milton Friedman
American - Economist
July 31, 1912 - November 16, 2006

There's nothing that would keep Apple out of the Android market as a secondary phone market.

Steve Wozniak

My father always said 'There's no free lunch.' My father was right. There's no free lunch and there's no free market. The market is rigged, the market is always rigged, and the rigging is in favour of the people who run the market. That's what the market is. It's a bent casino. The house always wins.

David Hare

That's not free market when companies go out and move and sell back into America. No, that's the dumb market, O.K.? That's the dumb market.

Donald Trump

The free market doesn't exist. Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them.

Ha-Joon Chang

I am not opposed to the art market. I have lots of friends who are collectors. But the whole idea of the art market is complex. Sadly we have a situation where auction houses and secondary market dealers are creating a lot of confusion and unnecessary pollution.

Olafur Eliasson

Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier.

Jamie Dimon

It is not true at all that a free market will ensure a democracy. It doesn't. There must be a balance between a free market and some regulations which are essential in order to safeguard the interests of consumers and of people in general.

Mahathir Mohamad

The term ‘free market’ is really a euphemism. What the far right actually means by this term is ‘lawless market.’ In a lawless market, entrepreneurs can get away with privatizing the benefits of the market (profits) while socializing its costs (like pollution).

Steve Kangas

Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier. Banks didn't do that

Jamie Dimon

This is the marketplace of political ideas. This is how America operates. It's a free market. It's free-wheeling. From the outside, it looks unpredictable. There's a circus-like free market.

Jon Huntsman, Jr.

The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously.

Amory Lovins

The argument for collectivism is simple; free market is not.

Milton Friedman

There is not one grain of anything in the world that is sold in the free market. Not one. The only place you see a free market is in the speeches of politicians.

Dwayne Andreas

As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.

Robert Kiyosaki

We want a free market, but we know that the paradox of a 'free' market is that sometimes you have to intervene. You have to make sure it's not the law of the jungle but the laws of democracy that works.