Showing posts with label Milton Friedman. Show all posts
Showing posts with label Milton Friedman. Show all posts

Monday, 9 March 2009

Today's Truth

"The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. ... Roosevelt's policies were very destructive. Roosevelt's policies made the depression longer and worse than it otherwise would have been."

Milton Friedman - (1912-2006)
Nobel Prize-winning American economist, economic advisor to President Ronald Reagan

Friday, 16 January 2009

Today's Truth

"If the only motive was to help people who could not afford education, advocates of government involvement would have simply proposed tuition subsidies."

Milton Friedman - (1912-2006)
Nobel Prize-winning American economist