Se colocarmos o Estado para administrar o Deserto do Saara, em 5 anos faltará areia. - Milton Friedman

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Se colocarmos o Estado para administrar o Deserto do Saara, em 5 anos faltará areia.

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About Milton Friedman

Milton Friedman (31 July 1912 – 16 November 2006) was an American economist noted for his support for free markets and a reduction in the size of government. In 1976 he was awarded a Nobel Prize in Economics.

Biography information from Wikiquote

Also Known As

Alternative Names: Milton Galbraith Friedman
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Additional quotes by Milton Friedman

We observe, and are always asking ourselves the question, why it is that in the Western world intellectuals tend to be collectivists. Certainly one reason is that by nature their whole interest is in questioning things, including whatever society they're in. But in a collectivist society they can't speak up because of suppression, whereas in a free society they can. So the only intellectuals heard from tend to be collectivists.

There is one and only one social responsibility of business–to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud

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The Chilean economy did very well, but more important, in the end the central government, the military junta, was replaced by a democratic society. So the really important thing about the Chilean business is that free markets did work their way in bringing about a free society.

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