Liberty is always dangerous, but it is the safest thing we have.
— Harry Emerson Fosdick, The Home Book of Quotations, Classical and Modern (1937)
Tag Archives: free market
Capitalism is Unanimity
The political principle that underlies the market mechanism is unanimity. In an ideal free market resting on private property, no individual can coerce any other, all cooperation is voluntary, all parties to such cooperation benefit or they need not participate.
— Milton Friedman, The Social Responsibility of Business is to Increase its Profits, The New York Times Magazine
But Now You Know
The Tyranny of the Majority, vs the Unanimity of Liberty