The Cycle

Today in Liberty: House authorizes lawsuit against Barack Obama, Rand Paul slams MSNBC host’s distortion of his record

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.” — Milton Friedman

— Happy birthday, Milton Friedman: You may have noticed that we’ve featured quotes from Milton Friedman, the famous free market economist and Nobel Prize laureate. He was born on this day in 1912. Words cannot express how much of an impact Friedman had on public policy. He advanced free market capitalism in various areas, especially in school choice. He played a key role in ending the military draft and made some of the compelling arguments against the war on drugs. Celebrate Milton Friedman’s legacy by checking out Capitalism and Freedom and Freedom to Choose: A Personal Statement.


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