Milton Friedman quote about freedom from 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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Milton Friedman quotes · Capitalism and Freedom quotes · Freedom quotes · Exchange quotes · Monopoly quotes

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 quote about freedom from 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 quote about freedom from 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 quote about freedom from 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 quote about freedom from 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.