To the despair of every economist, it seems almost impossib… - Milton Friedman

" "
To the despair of every economist, it seems almost impossible for most people other than trained economists to comprehend how a price system works. Reporters and TV commentators seem especially resistant to the elementary principles they supposedly imbibed in freshman economics. Second,

Milton Friedman

This quote has a book source. Sign up to see titles and page references

English

Collect this quote

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

All quotes from Milton Friedman Similar Quotes by other Originators

Originators like Milton Friedman:

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

Additional quotes by Milton Friedman

Inflation is caused by too much money chasing after too few goods.

[A] society which is socialist cannot also be democratic, in the sense of guaranteeing individual freedom.

There was nothing in these views to repel a student; or to make Keynes attractive. Keynes had nothing to offer those of us who had sat at the feet of Simons, Mints, Knight, and Viner.

To the despair of every economist, it seems almost impossible for most people other than trained economists to comprehend how a price system works. R… - Milton Friedman

About Milton Friedman

Also Known As

Go Premium

Additional quotes by Milton Friedman

Unlimited Quote Collections