A Quote by Milton Friedman

We had much freer trade in the 19th century. We have much less globalization now than we did then. — © Milton Friedman
We had much freer trade in the 19th century. We have much less globalization now than we did then.
At the end of the 19th century and the first half of the 20th century in Austria, there was a lot of anti-Semitism. Anti-Semitism in Austria was much more pervasive than in Germany. And Austrians took to Nazi ideas and anti-Semitism much more readily than Germans did, really.
People have asked me about the 19th century and how I knew so much about it. And the fact is I really grew up in the 19th century, because North Carolina in the 1950s, the early years of my childhood, was exactly synchronous with North Carolina in the 1850s. And I used every scrap of knowledge that I had.
The Anglo-American tradition is much more linear than the European tradition. If you think about writers like Borges, Calvino, Perec or Marquez, they're not bound in the same sort of way. They don't come out of the classic 19th-century novel, which is where all the problems start. 19th-century novels are fabulous and we should all read them, but we shouldn't write them.
I see climate change as one of the driving forces in the 21st century. With modern technology and globalization, we are much more connected than ever before. The world's warehouses are now container ships.
Have you come over time to think that you know more now than you did when you were young, know less now than when young, know now there is so much more to know than you knew there was to know when young that it is moot whether you think you knew more then than now or less, or do you now know that you never knew anything at all and never will and only the bluster of youth persuaded you that you did or would?
The democratic ideal has always been related to a moderate level of inequality. I think one big reason why electoral democracy flourished in 19th century America better than 19th century Europe is because you had more equal distribution of wealth in America.
The countries that have risen and separated out as a result of the collapse of the Soviet Union are, on the whole, following freer economic policies. Most of these states have freer government and less restrictions on trade.
Nineteenth-century English literature I know; 19th-century sewage systems, not so much.
Just think how much poorer we would be today if the world would have had half as many people in the 19th century as it actually did. You can get rid of Thomas Edison or Louis Pasteur; take your pick.
However, I survived and started to read all chemistry books that I could get a hand on, first some 19th century books from our home library that did not provide much reliable information, and then I emptied the rather extensive city library.
I was really interested in 20th century communalism and alternative communities, the boom of communes in the 60s and 70s. That led me back to the 19th century. I was shocked to find what I would describe as far more utopian ideas in the 19th century than in the 20th century. Not only were the ideas so extreme, but surprising people were adopting them.
The 19th century Mormons, including some of my ancestors, were not eager to practice plural marriage. They followed the example of Brigham Young, who expressed his profound negative feelings when he first had this principle revealed to him. The Mormons of the 19th century who practiced plural marriage, male and female, did so because they felt it was a duty put upon them by God.
Its highest point was The Worst Journey in the World. Then you see this decline, and this harking back, using the 19th-century form when we're not in the 19th century. That way of writing a book about the world out there - you just can't do it anymore.
Even the Impressionists, the most innovative artists of their time, sought to paint realistically. They believed that their freer way of portraying the visible world was truer to life than the literal realism of the 'salon painters' who dominated French art throughout the 19th century.
We could have managed globalization in ways that ordinary citizens would have benefited rather than just the corporations. Trade is beneficial. There are gains to be had from taking advantage of comparative advantage and specialization. That's true, if you manage globalization right.
I think the twenty-first century happened, basically. That this century started on 9/11. And basically, it's been a century of counter reaction to globalization and the meritocracy. And a good century for 72 nations have gotten more authoritarian. We've had Brexit. We have Le Pen rising in France. We've just got a lot of these types all around the world. And the people who are suffering from globalization and the meritocracy are saying, "No more. You know, we get a voice too."
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