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.
pick facebookpinterest < prev picture source

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

edit
Author
Source
Topic
Date
1962
Language
English
Reference
Note
Weblink

Meaning and analysis

write a note
report