Milton Friedman Quotes About Labor

Quotes about: Labor

• All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.

  Milton Friedman

  Couple, People, Progress

• A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood on its head.

  Milton Friedman

  Politics, Economy, Theory

• The collapse of communism in essence added tens and tens of millions of people to the world labor supply, and the people who were added had previously been getting very low income, but they were not unskilled. Many of them were fairly well educated.

  Milton Friedman

  Essence, People, Low Income

  Source: www.npr.org

• World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them to have different patterns, different policies for ecology, labor standards, and so forth.

  Milton Friedman

  Country, Differences, Different

  Source: rightwingnews.com

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