In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment. — Milton Friedman Copy Share Image
We had much freer trade in the 19th century. We have much less globalization now than we did then. — Milton Friedman Copy Share Image
Complete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest. — Milton Friedman Copy Share Image
The countries that have risen and separated out as a result of the collapse of the Soviet Union are, on the whole,… — Milton Friedman Copy Share Image
China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than… — Milton Friedman Copy Share Image
World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them… — Milton Friedman Copy Share Image
[Trade licensing] almost inevitably becomes a tool in the hands of a special producer group to maintain a monopoly position at the… — Milton Friedman Copy Share Image
The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home… — Milton Friedman Copy Share Image
The strongest argument for free enterprise is that it prevents anybody from having too much power. Whether that person is a government… — Milton Friedman Copy Share Image
I believe the role that people like myself have played in the transformation of public opinion has been by persistently presenting a different point… — Milton Friedman Copy Share
To really understand something you've got to reduce it to its principles. — Milton Friedman Copy Share
It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the… — Milton Friedman Copy Share
Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces… — Milton Friedman Copy Share
“The people in one district can choose not to reelect their member of Congress, but that will not change the composition of the government… — Milton Friedman Copy Share
When you have a time of crisis what happens depends on what ideas are floating around, and what ideas have been developed, and thought… — Milton Friedman Copy Share
The government doesn't have any money. The only power it has is to take from some and give to others. — Milton Friedman Copy Share
What would the people who sold us goods do with the money? They'd get dollars. What would they do with the dollars? Eat them?! — Milton Friedman Copy Share
World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them to have… — Milton Friedman Copy Share
Is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run… — Milton Friedman Copy Share
Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on… — Milton Friedman Copy Share
I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior. — Milton Friedman Copy Share
It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability.… — Milton Friedman Copy Share
Hong Kong is the bellwether. If the Chinese stick to their agreement to let Hong Kong go its own path, then China will also… — Milton Friedman Copy Share
![“[Trade licensing] almost inevitably becomes a tool in the hands of a special producer group to maintain a monopoly position at the expense of the rest of the public. There is no way to avoid this result.” quote by Milton Friedman](https://sms4smile.com/q/img-quotes/f94/milton-friedman-616_expenses_trade-licensing-almost-inevitably-become_1670485.png)
