The key to understanding the situation is the most elementary principle of economics: the law of demand — the higher the price of anything, the less … - Milton Friedman

The threat to public schools arises from their defects, not their accomplishments. In small, closely knit communities where public schools, particularly elementary schools, are now reasonably satisfactory, not even the most comprehensive voucher plan would have much effect. The public schools would remain dominant, perhaps somewhat improved by the threat of potential competition. But elsewhere, and particularly in the urban slums where the public schools are doing such a poor job, most parents would undoubtedly try to send their children to nonpublic schools.

Five simple truths embody most of what we know about inflation: Inflation is a monetary phenomenon arising from a more rapid increase in the quantity of money than in output (though, of course, the reasons for the increase in money may be various). In today’s world government determines — or can determine — the quantity of money. There is only one cure for inflation: a slower rate of increase in the quantity of money. It takes time — measured in years, not months — for inflation to develop; it takes time for inflation to be cured. Unpleasant side effects of the cure are unavoidable.

The use of quantity of money as a target has not been a success. I'm not sure that I would as of today push it as hard as I once did.