Milton Friedman - Capitalism and Freedom - Exchange is truly voluntary only when nearly equivalent alternatives exist. Monopoly implies the absence of alternatives and thereby inhibits effective freedom of exchange.
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Exchange is truly voluntary only when nearly equivalent alternatives exist. Monopoly implies the absence of alternatives and thereby inhibits effective freedom of exchange.

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1962
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English
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Milton Friedman - Capitalism and Freedom - Exchange is truly voluntary only when nearly equivalent alternatives exist. Monopoly implies the absence of alternatives and thereby inhibits effective freedom of exchange.
Milton Friedman - Capitalism and Freedom - Exchange is truly voluntary only when nearly equivalent alternatives exist. Monopoly implies the absence of alternatives and thereby inhibits effective freedom of exchange.
Milton Friedman - Capitalism and Freedom - Exchange is truly voluntary only when nearly equivalent alternatives exist. Monopoly implies the absence of alternatives and thereby inhibits effective freedom of exchange.
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Milton Friedman quotes · Capitalism and Freedom quotes · Freedom quotes · Exchange quotes · Monopoly quotes