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Milton Friedman Quotes: Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
         

Most economic fallacies derive 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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"Milton Friedman Quotes." Quoteslyfe.com, 2024. Wed. 08 May. 2024. <https://www.quoteslyfe.com/quote/Most-economic-fallacies-derive-from-the-tendency-899741>.





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Other quotes of Milton Friedman


A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.

A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.



If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.



Underlying most arguments against the free market is a lack of belief in freedom itself.

Underlying most arguments against the free market is a lack of belief in freedom itself.



You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.

You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.



The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.

The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.



I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.



The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.

The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.



Nothing is so permanent as a temporary government program.

Nothing is so permanent as a temporary government program.



You cannot simultaneously have free immigration and a welfare state.

You cannot simultaneously have free immigration and a welfare state.



The government solution to a problem is usually as bad as the problem.

The government solution to a problem is usually as bad as the problem.





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The things that I've been longing for were nothing but dreams.

The things that I've been longing for were nothing but dreams.



The spirit of service is the heart of humanity.

The spirit of service is the heart of humanity.



Luck is great, but most of life is hard work.

Luck is great, but most of life is hard work.



My dad is a much more flamboyant character than I am. I think that's why I couldn't see myself going into straight acting. I always just felt daft.

My dad is a much more flamboyant character than I am. I think that's why I couldn't see myself going into straight acting. I always just felt daft.



I was hugely relieved to discover there was a purpose for girls with loud voices.

I was hugely relieved to discover there was a purpose for girls with loud voices.



Ariana is a huge supporter of mine; she's a big fan - she told me that when I met her. She's cool, her voice is crazy, she's got a great, great voice.

Ariana is a huge supporter of mine; she's a big fan - she told me that when I met her. She's cool, her voice is crazy, she's got a great, great voice.



A lot of people have told me real New Yorkers are Mets fans

A lot of people have told me real New Yorkers are Mets fans



The world is turning into a cesspool of imbeciles.

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You must act in the face of reality, never taking counsel of you own worst fears.

You must act in the face of reality, never taking counsel of you own worst fears.



The power of prayer is like turning on a light as it illuminates God's purpose for our lives. There is no greater connection to knowing His will other than the word.

The power of prayer is like turning on a light as it illuminates God's purpose for our lives. There is no greater connection to knowing His will other than the word.




Quote Description


This page presents the quote "Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.". Author of this quote is Milton Friedman. This quote is about party, pie, economic, fixed, liberty,.