- Government
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- Nov 07, 2020
Milton Friedman Quotes
Most Famous Milton Friedman Quotes of All Time!
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- Last Updated on May 30, 2021
- Good
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- Nov 07, 2020
When government - in pursuit of good intentions - tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.
- Fury
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- Nov 07, 2020
Hell hath no fury like a bureaucrat scorned.
- Inflation
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- Nov 07, 2020
Inflation is the one form of taxation that can be imposed without legislation.
- Government
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- Nov 07, 2020
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
- Free
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- Nov 07, 2020
Underlying most arguments against the free market is a lack of belief in freedom itself.
- People
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- Nov 07, 2020
I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
- Free Lunch
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- Nov 07, 2020
There's no such thing as a free lunch.
- Freedom
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- Nov 07, 2020
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
- Free Economy
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- Nov 07, 2020
Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
- More
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- Nov 07, 2020
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
- Greed
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- Nov 07, 2020
The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.
- Good
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- Nov 07, 2020
Concentrated power is not rendered harmless by the good intentions of those who create it.
- Good
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- Nov 07, 2020
The power to do good is also the power to do harm.
- Government
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- Nov 07, 2020
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
- Never
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- Nov 07, 2020
Governments never learn. Only people learn.
- Circumstances
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- Nov 07, 2020
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
- Government
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- Nov 07, 2020
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
- Free
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- Nov 07, 2020
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
- Government
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- Nov 07, 2020
The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
- Freedom
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- Nov 07, 2020
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.
- Man
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- Nov 07, 2020
One man's opportunism is another man's statesmanship.
- Inflation
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- Nov 07, 2020
Inflation is taxation without legislation.
- New
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- Nov 07, 2020
Columbus did not seek a new route to the Indies in response to a majority directive.
- Experience
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- Nov 07, 2020
The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
- Energy
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- Nov 07, 2020
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
- Economic
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- Nov 07, 2020
Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
- Freedom
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- Nov 07, 2020
Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.
- Never
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- Nov 07, 2020
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
- Knowledge
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- Nov 07, 2020
Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.
- Government
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- Nov 07, 2020
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
- Free
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- Nov 07, 2020
So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
- People
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- Nov 07, 2020
And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?
- Political
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- Nov 07, 2020
Is it really true that political self-interest is nobler somehow than economic self-interest?
- Internet
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- Nov 07, 2020