We speak loosely of the “corporation’s income” or of “business” having an income. That is figurative language. The corporation is an intermediary bet… - Milton Friedman

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We speak loosely of the “corporation’s income” or of “business” having an income. That is figurative language. The corporation is an intermediary between its owners — the stockholders — and the resources other than the stockholders’ capital, the services of which it purchases. Only people have incomes and they derive them through the market from the resources they own,

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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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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.

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