Milton Friedman quote about freedom from 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. ”
 Milton Friedman, Capitalism and Freedom (1962). copy citation

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Author Milton Friedman
Source Capitalism and Freedom
Topic freedom exchange monopoly
Date 1962
Language English
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Milton Friedman quote about freedom from 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 quote about freedom from 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.