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The origins of TANSTAAFL
"There Ain't No Such Thing as a Free Lunch." I used to think that originated with Robert Heinlein's The Moon is a Harsh Mistress. Many others credit Milton Friedman. But read the real story. A San Francisco newspaper is the earliest known source. And Professor Alvin Hansen, preceding Friedman, wrote of TINSTAAFL, which is simply TANSTAAFL with better grammar.
Posted by Tyler Cowen on May 2, 2004 at 08:01 AM in Economics | Permalink
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» TANSTAAFL from John Quiggin
I managed to prove Milton Friedman1 right in fine style today. First I gave a talk on the FTA to about 700 high school students, which was supposed to sell them on the idea of studying economics at UQ. In... [Read More]
Tracked on Jul 22, 2004 3:07:53 AM
