Timeless Issues Accurately Analyzes The Wisdom Of Milton Friedman


Posted January 8, 2021 by timelessissues

Unless one reads the book Free to Choose, one cannot understand the wisdom of Milton Friedman completely. At Timeless Issues, one can gather some idea from the summary of the book.
 
Many people do not know elaborately about the ideologies of Milton Friedman, the Nobel Memorial Prize winner in Economics. On timelessissues.com, one can learn about the views of the economist that helped millions to differentiate between myths and facts. In 1980, the release of the book FREE TO CHOOSE was a highly successful event as people loved the straightforward revelation of facts.

One can feel the wisdom of Milton Friedman through his writing, which always claims that a society can be perfectly functional only when the people will have complete freedom to control personal lives and maintain individual values. Timeless Issues correctly points out the myth that the Depression was the result of establishing free enterprise when actually it was the fault of the Government.

Timeless Issues is a website hosting lots of articles that discuss regular incidents and the influence of various happenings. In the economic sphere, Friedman suggested relying on the free private market, which can become the fundamental platform for organizing the production as well as the exchange without much involvement of the Government. This was quite n unfashionable stance at a time when most people supported state planning.

According to him, it is a misconception that it will be at the expense of someone else when someone gains. For instance, when a person is entering a business deal, is it possible to finalize the deal when one of the parties involved will surely incur a loss. The truth is just the opposite. When there is any voluntary exchange, it happens for the profit of both the parties involved in the deal.

At a recent press meet, the writer of Timeless Issues appreciated the morals of Friedman. As he said, “Friedman was the first person to show that the competitive free markets are capable of delivering constant and cater to the needs of the consumers. The cost will be affordable too. Equal opportunities can never result in an equal outcome. Different people will be able to utilize the opportunities in different ways. So, the achievements will be of different standards too. You should go through our reviews and gain more knowledge to get rid of the common misconceptions that cloud your thinking ability.”

One can read the entire discussion at https://www.timelessissues.com/.

About the company:

Timeless Issues is an online platform for the discussion of latest events and various socio-political and educational issues.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Timeless Issues
Phone 1 – 949 837 2950
Business Address 5018 Jardin, Laguna Woods, CA 92637
Country United States
Categories News , Religion
Tags wisdom of milton friedman
Last Updated January 8, 2021