Milton Friedman Quotes About Wealth Of Nations

We have collected for you the TOP of Milton Friedman's best quotes about Wealth Of Nations! Here are collected all the quotes about Wealth Of Nations starting from the birthday of the Economist – July 31, 1912! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 3 sayings of Milton Friedman about Wealth Of Nations. We will be happy if you share our collection of quotes with your friends on social networks!
  • The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

    Milton Friedman, Rose Friedman (1990). “Free to Choose: A Personal Statement”, p.31, Houghton Mifflin Harcourt
  • There is not a line in 'The Wealth of Nations' that is not still applicable to this day.

  • Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

    Milton Friedman, Rose Friedman (1990). “Free to Choose: A Personal Statement”, p.31, Houghton Mifflin Harcourt
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