Milton Friedman
MILTON FRIEDMAN   Macroknow Library

Capitalism and Freedom.

"The possibility of co-ordination through voluntary co-operation rests on the elementary - yet frequently denied - proposition that both parties to an economic transaction benefit from it, provided the transaction is bi-laterally voluntary and informed.
Exchange can therefore bring about co-ordination without coercion. A working model of a society organized through voluntary exchange is a free private enterprise exchange economy - what we have been calling competitive capitalism."1a*

"To paraphrase Clemenceau, money is much too serious a matter to be left to the Central Bankers."1b

"Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible."1c HERZL

Interesting Link
Milton Friedman, USA. The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel 1976, "for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy."

* Italics in the original.

1 Milton Friedman (1912-2006). Capitalism and Freedom. With the assistance of Rose D. Friedman. Chicago, IL: The University of Chicago, 1962, 1982.
a The Relation between Economic Freedom and Political Freedom, at 13.
b The Control of Money, at 51.
c Monopoly and the Social Responsibility of Business and Labor, at 133.