Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at… — Milton Friedman Copy Share Image
“Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the… — Henry Hazlitt Copy Share Image
The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will… — Milton Friedman Copy Share Image
