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Borders Quote by Milton Friedman

“The Internet moves us closer to "perfect information" on markets. Individuals and companies alike can buy and sell across borders and jurisdictions wherever they find the best match of supply and demand.” quote by Milton Friedman
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“The Internet moves us closer to "perfect information" on markets. Individuals and companies alike can buy and sell across borders and jurisdictions wherever they find the best match of supply and demand.”

Milton Friedman

About This Quote

Source Essay: Capitalism and Freedom, 1962

The Internet enhances market efficiency by providing near‑perfect information globally.

In simple terms: Online markets improve matching supply and demand.

Key Takeaway

Leverage digital tools for better market decisions.

Themes

economics technology globalization

Mood

analytical optimistic

Type

economic informative

When to use this quote

  • e‑commerce
  • stock trading
  • cross‑border trade

Key Concepts

information theory market dynamics digital platforms

Questions to Reflect On

  • How can consumers verify information quality online?
  • What regulations protect against market manipulation?
A Different Perspective

Information overload can create new inefficiencies.

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