asked 80.1k views
3 votes
What is Milton Friedman's theory?

asked
User Azlam
by
8.3k points

1 Answer

2 votes

Answer:

Step-by-step explanation:

Friedman's public policy theories are based on two core principles:

1) voluntary interactions between consumers and businesses often produce results superior to those crafted by government decree.

2) policies have unintended consequences, so economists should focus on results, not intentions.

answered
User DaveH
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.