korrents

Our readingWhat is a korrent?

Markets greatly reduce the issues that must be decided politically, minimizing government's direct participation

Drawn from what Milton Friedman said

government
What this subject means

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

What Milton Friedman actually said

  1. Milton Friedman American economist (1912 to 2006) and 1976 Nobel laureate…
    What the market does is to reduce greatly the range of issues that must be decided through political means, and thereby to minimize the extent to which government need participate directly in the game.

Added to korrents 3 Oct 2026 · How quotes work · Something wrong? Tell us

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