Friday, October 10, 2008

Scarcity in Midst of Plenty, Skills Unused:Friedman

"My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there are unused resources ... people having skills which are not being used" -- Milton Friedman

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Friday, November 23, 2007

Definition of Inflation: Economist Milton Friedman

"Inflation is taxation without legislation." -- Milton Friedman

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