Perfect competition is a theoretical concept like the Euclidean line, which has no width and no depth. Just as we've never seen that line there has never been truly free enterprise.


Playboy, February 1973

Milton Friedman Quotes

Perfect competition is a theoretical concept like the Euclidean line, which has no width and no depth. Just as we've never seen that line there has...

Perfect competition is a theoretical concept like the Euclidean line, which has no width and no depth. Just as we've never seen that line there has...

Perfect competition is a theoretical concept like the Euclidean line, which has no width and no depth. Just as we've never seen that line there has...

Perfect competition is a theoretical concept like the Euclidean line, which has no width and no depth. Just as we've never seen that line there has...