"The key insight of Adam Smith's Wealth of……" — Milton Friedman

"The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."

— Milton Friedman

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195 Quotes by Milton Friedman

Milton Friedman has 195 quotes on this site. A few more worth reading:

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More Adam Quotes

This quote is filed under Adam Quotes, one of 522 quotes in that category. Here are a few more:

I love my fan base because they never high-five me; they always get really shifty and hide. Adam Sandler's fan… — Kate Beckinsale
The earth was cursed for Adam's sake. Work is our blessing, not our doom. God has a work to do,… — Ezra Taft Benson
In the beginning, Adam was instructed to earn the bread by the sweat of his brow - not Eve. Contrary… — Ezra Taft Benson
When our Heavenly Father placed Adam and Eve on this earth, He did so with the purpose in mind of… — Ezra Taft Benson
Woman was given to man as an helpmeet. That complementary association is ideally portrayed in the eternal marriage of our… — Ezra Taft Benson
Let me be serious: divorce is a sacred institution between a man and a woman who hate each other. God… — Lewis Black
Marriage is almost as old as dirt, and it was defined in the garden between Adam and Eve. One man,… — Kirk Cameron
I really knew I wanted to be Adam, because Adam was the first man. Ant I chose because, if there's… — Adam Ant
An ineffably holy God, who has the utmost abhorrence of sin, was never invented by any of Adam's descendents. — Arthur W. Pink
For I have shown from the Scriptures, that no one of the sons of Adam is as to everything, and… — Irenaeus of Lyons
One human nature is common to all the descendants of Adam, and it is, for all men, guilty and polluted — Herman Bavinck
It is important to insist on the historical truthfulness of the narrative of the fall of Adam and Eve. Just… — Wayne Grudem

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