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Posted by Bob on March 29, 2006

In Reply to: TANSTAAFL posted by RRC on March 29, 2006

: : There was a professor of finance at Chigago University that used to say that "there is not such a thing as free lunch" in his lectures of derivatives. Anybody now who is him?
: : Thanks a lot,
: : Alex Kirzner - Brazil

: Probably Milton Friedman

Almost certainly Milt Friedman while he was at Chicago, but this truism is so fundamental to economics that any economist(or student of economics) is likely to echo the sentiment.