“Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion—the technique of the army and of the modern totalitarian state. The other is voluntary co-operation of individuals—the technique of the market place.”

—  Milton Friedman

Source: (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, pp. 12-13

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Milton Friedman 158
American economist, statistician, and writer 1912–2006

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