The most important single central fact about a free market is that no exchange takes place unless both parties benefit. Underlying most arguments against the free market is a lack of belief in freedom itself.

Milton Friedman

How Much Can Discrimination Explain?

Walter E. Williams explores the false premise that assumes economic disparities between groups can be attributed to racial discrimination. This speech was given in 1990 for the Foundation for Economic Education (FEE).

Author: Walter E. Williams
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