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"It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis."

— Milton Friedman
milton friedman Quotes Mark,Oil,Allocation

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Milton Friedman
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Road To Serfdom

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Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie.

— Daniel Kahneman

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What should have died along with communism is the belief that modern societies can be run on a single principle, whether that of planning under the general will or that of free-market allocations.

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