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.”
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.
Leverage digital tools for better market decisions.
Themes
Mood
Type
When to use this quote
- e‑commerce
- stock trading
- cross‑border trade
Key Concepts
Questions to Reflect On
- How can consumers verify information quality online?
- What regulations protect against market manipulation?
Information overload can create new inefficiencies.