The unions might be good for the people who are in the unions but it doesn't do a thing for the people who are unemployed. Because the union keeps do… - Milton Friedman

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The unions might be good for the people who are in the unions but it doesn't do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn't do a thing for them.

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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

ان الشخص الوحيد الذي يمكنه اقناعك حقاً هو نفسك,عليك ان تدير الامور في رأسك اثناء استرخائك,ثم عليك ان تدرس الاراء الكثيرة المخالفة,دع الافكار تختمر في ذهنك,وبعد مدة طويلة حول تفضيلاتك إلى قناعات

The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

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