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Friedman Friedmann, Laureate of the Nobel Prize in Economics, said:
Spending other people's money to do other people's affairs is neither economical nor efficient;
Spending other people's money to do your own business only talks about efficiency but economy;
Spending your own money to do other people's affairs only talks about economy but not efficiency;
Spending your own money to do your own business talks about both efficiency and economy!
/05 2022
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