Quotation of the Day…

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… is from Milton and Rose Friedman’s October 1997 Hoover Digest essay, “The Case for Free Trade”:

Few measures that we could take would do more to promote the cause of freedom at home and abroad than complete free trade. Instead of making grants to foreign governments in the name of economic aid – thereby promoting socialism – while at the same time imposing restrictions on the products they produce – thereby hindering free enterprise – we could assume a consistent and principled stance. We could say to the rest of the world: We believe in freedom and intend to practice it. We cannot force you to be free. But we can offer full cooperation on equal terms to all. Our market is open to you without tariffs or other restrictions. Sell here what you can and wish to. Buy whatever you can and wish to. In that way cooperation among individuals can be worldwide and free.