Milton Friedman about freedom (“Capitalism and Freedom”, 1962) - 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. ”
 Milton Friedman, Capitalism and Freedom (1962). copy citation

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1962
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Milton Friedman about freedom (“Capitalism and Freedom”, 1962) - 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 about freedom (“Capitalism and Freedom”, 1962) - Exchange is truly voluntary only when nearly equivalent alternatives exist. Monopoly implies the absence of alternatives and thereby inhibits effective freedom of exchange.