Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Quotations by Category Quotations by Person Quotations SearchQuotes for the Day 2021-05-06I have no sympathy for the narrow, selfish notion of economy which assumes that every crumb of bread which goes into the mouth of one class is so much taken from the mouths of another class.~ Frederick DouglassThe key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.~ Milton FriedmanGold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.~ Norm Franz Share on Facebook Tweet Email Print This quote is found in these categories: About Bio of Quotations by Books by/about videos on Wikipedia