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Milton Friedman

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

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

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Donna Grant

"Necessity is not an established fact, but an interpretation."

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Personal Development

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Donna Grant

"Our esteem for facts has not neutralized in us all religiousness. It is itself almost religious. Our scientific temper is devout."

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Donna Grant

"The fact that an opinion has been widely held is no evidence whatever that it is not utterly absurd."

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Donna Grant

"Facts and Facts, very useful once out there and there!"

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Donna Grant

"Sometimes legends make reality, and become more useful than the facts."

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Donna Grant

"There are no eternal facts, as there are no absolute truths."

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Donna Grant

"The animal is ignorant of the fact that he knows. The man is aware of the fact that he is ignorant."

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Donna Grant

"Once the object has been constructed, I have a tendency to discover in it, transformed and displaced, images, impressions, facts which have deeply moved me."

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Donna Grant

"The general fact of surplus value, namely that the workmen does not get the full value of his labours, and that he is taken advantage of by the capitalist, is obvious."

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Donna Grant

"The hard fact is that not everyone does get published."

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

Experience

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

Government

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

Fact

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

Government

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Milton Friedman
"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."

Gain

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Milton Friedman
"The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government."

Architecture

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Milton Friedman
"Inflation is taxation without legislation."

Economy

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Milton Friedman
"Governments never learn. Only people learn."

People

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

Trust

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Milton Friedman
"Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes."

Knowledge

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