Quotation by

Milton Friedman

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

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Understanding this quote AI Analysis

Milton Friedman is saying that history shows there is no better method than a free market system to help regular people improve their lives. He emphasizes that no other approach has been found that matches the economic growth and benefits created by allowing businesses to operate freely.

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The test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little.