Quote Of The Day

“The most reliable and effective protection for most workers is provided by the existence of many employers. As we have seen, a person who has only one possible employer has little or no protection. The employers who protect a worker are those who would like to hire him. Their demand for his services makes it in the self-interest of his own employer to pay him the full value of his work. If his own employer doesn’t, someone else may be ready to do so. Competition for his services — that is the worker’s real protection.” —Milton Friedman

26 Responses to “Quote Of The Day”


  • Does this argument fly in the face of your support of Walmart, where in many small towns, the small retail has been foreced to shut down and now Walmart is the only job in town?

    He seems to be arguing as a trust buster?

  • Wal-Mart certainly does eliminate some employment, but on the whole Wal-Mart brings in more employment and at a higher wage (small businesses pay the least) than was there before Wal-Mart.

  • If your paradigm includes the would-be employee remaining in the same smallish town, then Wal-Mart might reduce his options for employment.

    However, the long-proven paradigm for human success includes the possibility (or likelihood) of migration to wherever his services are in greatest demand.

  • What was Friedman’s opinion on monopolies and government regulation on monoplies. What other controls are their to prevent monopolies from eliminating prices?

  • In essence, the free-market position on monopolies is that the cure is worse than the disease. Good intentions do not a just outcome make; bureaucracies created to “manage” monopolies tend to persist long after their usefulness has passed, whereas monopolies eventually find themselves failing when confronted by a better mousetrap.

    (Unless, of course, the monopoly is protected by the bureaucracy created to “manage” it)

  • Heya i’m for the primary time here. I found this board and I to find It really useful & it helped me out much.
    I’m hoping to give something again and aid others such
    as you helped me.

  • Quality content is the secret to interest the people to pay a quick visit the web
    page, that’s what this website is providing.

  • I quite like reading through an article that will make people think.
    Also, many thanks for permitting me to comment!

  • each time i used to read smaller posts that also clear their motive, and
    that is also happening with this piece of writing
    which I am reading at this place.

  • I loved as much as you’ll receive carried out right here. The sketch is tasteful, your authored material stylish.
    nonetheless, you command get bought an edginess over that you wish be delivering the following.

    unwell unquestionably come further formerly again since exactly
    the same nearly very often inside case you shield this increase.

  • 4EWRVM urvhaldgfatk, [url=http://ayjsvrpycukx.com/]ayjsvrpycukx[/url], [link=http://apdyktdlyfmo.com/]apdyktdlyfmo[/link], http://yelkypzgotti.com/

  • What’s up everyone, it’s my first visit at this website, and post is
    in fact fruitful designed for me, keep up posting these
    articles.

  • As soon as I detected this site I went on reddit to share some of
    the love with them.

  • You have made some good points there. I looked on the internet for more information about the issue and
    found most people will go along with your views
    on this website.

  • I really like your blog.. very nice colors & theme.
    Did you make this website yourself or did you
    hire someone to do it for you? Plz reply as I’m looking to construct my own blog and would like to know where
    u got this from. thanks a lot

  • Thanks for sharing your thoughts about tallest roller coasters.
    Regards

  • I was suggested this blog by means of my cousin. I am not positive whether this publish is written by way of him as no one else recognize such distinct about my trouble.

    You’re wonderful! Thanks!

  • I got what you mean,saved to my bookmarks, very decent website.

  • Hi I am so excited I found your blog, I really found you by error, while I was researching on Google for something else, Anyhow
    I am here now and would just like to say thanks a lot for a remarkable post and a all round entertaining blog (I
    also love the theme/design), I don’t have time to browse it all at the minute but I have bookmarked it and also included your RSS
    feeds, so when I have time I will be back to read a great deal more, Please do
    keep up the superb b.

  • Thank you for the good writeup. It in fact was a amusement account it.

    Look advanced to more added agreeable from you! However, how
    can we communicate?

  • Appreciation to my father who stated to me concerning this webpage, this website is really remarkable.

  • Fantastic beat ! I would like to apprentice while you amend your website,
    how can i subscribe for a weblog website? The account aided
    me a appropriate deal. I were a little bit acquainted of this your
    broadcast offered vivid transparent concept

  • It’s going to be ending of mine day, but before ending I am reading this
    fantastic piece of writing to increase my experience.

  • Hi there, just wanted to tell you, I loved this post. It was inspiring.
    Keep on posting!

  • cfnjRn gpwhnvbfqqeb, [url=http://nenvjllhrleg.com/]nenvjllhrleg[/url], [link=http://aljfvekskbhv.com/]aljfvekskbhv[/link], http://xfsmiylufcem.com/

Leave a Reply