ran 3.1 miles
Milton Friedman (July 31, 1912-November 16, 2006) was an American economist who ranked next to John Maynard Keynes. But, he was the antithesis of Keynes who, coincidentally, is the man who theorized the model Barack Obama’s early economic team followed when they stimulated our economy. Friedman thought otherwise, as the video above depicts.
Here are some quotes from Milton Friedman:
“Concentrated power is not rendered harmless by the good intentions of those who create it.”
“Governments never learn. Only people learn.”
“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”
“Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”
“The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.”
“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”
“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.”
500.3 miles to go.
Here is what happened one year ago on Day152.
Milton Friedman (July 31, 1912-November 16, 2006) was an American economist who ranked next to John Maynard Keynes. But, he was the antithesis of Keynes who, coincidentally, is the man who theorized the model Barack Obama’s early economic team followed when they stimulated our economy. Friedman thought otherwise, as the video above depicts.
Here are some quotes from Milton Friedman:
“Concentrated power is not rendered harmless by the good intentions of those who create it.”
“Governments never learn. Only people learn.”
“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”
“Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”
“The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.”
“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”
“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.”
500.3 miles to go.
Here is what happened one year ago on Day152.
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