Quotation by

Milton Friedman

The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.

Milton Friedman

Government

Understanding this quote AI Analysis

Milton Friedman is saying that when governments impose restrictions, the black market allows people to bypass those rules and trade freely. This underground economy helps individuals access goods and services that might otherwise be unavailable due to official controls.

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