… is from page 120 of the 1975 collection – An Economist’s Protest – of some of Milton Friedman’s Newsweek columns (as well as columns in other venues); specifically, it’s from Friedman’s Introduction to Chapter 5 – a chapter titled “Wage and Price Controls”:
Price controls have been imposed repeatedly for more than two thousand years. They have always failed, yet they have been repeatedly resurrected.
