Milton FriedmanMilton Friedman, (1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system"

Milton Friedman Quote

“[U]nemployment is ... a side effect of the cure for inflation.”

Milton FriedmanMilton Friedman
~ Milton Friedman
(1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system"
"Inflation and Jobs" (Nov. 12, 1979)

Economics , Inflation , Labor

Ratings and Comments


Mike, Norwalk
  • Reply
Mike, Norwalk    5/15/14

(-; I like it ;-) a norm that the occupying statist theocracy infesting this land and the fed working hand in glove have learned to overcome. Unemployment and inflation all at the same time.

anonymous
  • Reply
anonymous    5/16/14

Uncle Milton will, more and more be seen as a flash in the pan who was wrong on just about everything.

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