Milton Friedman Quotes About Free Trade

Quotes about: Free Trade

• The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.

  Milton Friedman

  Home, Competition, Alternatives

• Complete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest.

  Milton Friedman

  Special, Interest, Trade

• In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.

  Milton Friedman

  Suggestions, Unemployment, Ends

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