The Great Depression in the United States, far from being a… - Milton Friedman

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The Great Depression in the United States, far from being a sign of the inherent instability of the private enterprise system, is a testament to how much harm can be done by mistakes on the part of a few men when they wield vast power over the monetary system of a country.

Milton Friedman

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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.

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Alternative Names: Milton Galbraith Friedman

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Originators like Milton Friedman:

F.A. Hayek Ludwig von Mises Murray N. Rothbard Leonard Read Friedrich Hayek

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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.

The government solution to a problem is usually as bad as the problem and very often makes the problem worse.

I think the government solution to a problem is usually as bad as the problem and very often makes the problem worse.

The Great Depression in the United States, far from being a sign of the inherent instability of the private enterprise system, is a testament to how … - Milton Friedman

About Milton Friedman

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