A Quote by Milton Friedman

Underlying most arguments against the free market is a lack of belief in freedom itself.

Milton Friedman

Quote Topics

Freedom Against Belief Free Free Market Itself Lack Market Most Underlying

Quote Author

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

Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.

Milton Friedman

What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.

Milton Friedman

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

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

The second part of the New Right's policy package has been the belief that free-market solutions are always best. It is this latter view which is profoundly mistaken. Markets and profits are crucial, but the pure free-market model itself is deeply flawed.

Paul Ormerod

The free market is the epitome of life itself. This is something that all scientists recognise because science itself operates on free market lines.

John Sulston

Most of this film, however, is about interpretation - are these people terrorists or freedom fighters? Are they good or bad? Is cutting timber good or bad? And I don't feel like the answers to those questions are simple, so we don't try to answer them for the audience. I wanted to elicit the strongest - and most heartfelt - arguments from the characters in the film and let those arguments bang up against the strongest arguments of their opponents.

Marshall Curry

Our modern Western culture only recognises the first of these, freedom of desires. It then worships such a freedom by enshrining it at the forefront of national constituitions and bills of human rights. One can say that the underlying creed of most Western democracies is to protect their people's freedom to realise their desires, as far as this is possible. It is remarkable that in such countries people do not feel very free. The second kind of freedom, freedom from desires, is celebrated only in some religious communities. It celebrates contentment, peace that is free from desires.

Ajahn Brahm

My belief in free competitive economic enterprise does not rest solely or even mainly on arguments of economic efficiency, though, heaven knows, these are cogent enough. It rests essentially on the view that the free market is the only safe way of ensuring that productive effort is directed towards supplying what individuals actually want, and in a way which secures the dignity and independence of the worker.

Margaret Thatcher

I am well acquainted with all the arguments against freedom of thought and speech - the arguments which claim that it cannot exist, and the arguments which claim that it ought not to. I answer simply that they don't convince me and that our civilization over a period of four hundred years has been founded on the opposite notice.

George Orwell

Political freedom cannot exist without economic freedom; a free mind and a free market are corollaries.

Ayn Rand

I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people's freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom. "Buy a car," it says, "and be free. Buy a boat and be free." Is this not the raw material of bad dreams? Or is it maybe the very nightmare itself?

Wendell Berry

A belief in feminism is a belief in personal freedom - the freedom to live a life free of fear of violence, to select a fulfilling career and be compensated fairly, to choose when to start a family, to marry whom you love. I want everyone, regardless of gender, to live a life free of restriction or fear, able to pursue their own personal brand of happiness and fulfillment.

Aisha Tyler

Our government is based on the belief that a people can be both strong and free, that civilized men need no restraint but that imposed by themselves against abuse of freedom.

Franklin D. Roosevelt

We are resolved to protect individual freedom of belief. This freedom must include the child as well as the parent. The freedom for which we stand is not freedom of belief as we please,... not freedom to evade responsibility, ...but freedom to be honest in speech and action, freedom to respect one's own integrity of thought and feeling, freedom to question, to investigate, to try, to understand life and the universe in which life abounds, freedom to search anywhere and everywhere to find the meaning of Being, freedom to experiment with new ways of living that seem better than the old.