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"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."
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"Skillful pilots gain their reputation from storms and tempest."

"I certainly believe that we gain through open trade and liberalisation."

"We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation."

"So our problem is not Labour, it is us, is making us attractive enough to gain disillusioned Labour support and to compete effectively with the Lib Dems for those loose votes."

"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."

"If you make listening and observation your occupation you will gain much more than you can by talk."
Explore more quotes by Milton Friedman

"The only relevant test of the validity of a hypothesis is comparison of prediction with experience."

"The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people."

"Most of the energy of political work is devoted to correcting the effects of mismanagement of government."

"The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way."

"The most important single central fact about a free market is that no exchange takes place unless both parties benefit."

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

"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."

"Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?"
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