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Milton Friedman Quotes / Quotations


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Milton Friedman QUOTES / QUOTATIONS
A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
Quotation of Milton Friedman
Columbus did not seek a new route to the Indies in response to a majority directive.
Quotation of Milton Friedman
Concentrated power is not rendered harmless by the good intentions of those who create it.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
Governments never learn. Only people learn.
Quotation of Milton Friedman
Hell hath no fury like a bureaucrat scorned.
Quotation of Milton Friedman
History suggests that capitalism is a necessary condition for political freedom.
Quotation of Milton Friedman
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
Quotation of Milton Friedman
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Quotation of Milton Friedman
Inflation is taxation without legislation.
Quotation of Milton Friedman
Inflation is the one form of taxation that can be imposed without legislation.
Quotation of Milton Friedman
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
Quotation of Milton Friedman
Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.
Quotation of Milton Friedman
Nothing is so permanent as a temporary government program.
Quotation of Milton Friedman
One man's opportunism is another man's statesmanship.
Quotation of Milton Friedman
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
The government solution to a problem is usually as bad as the problem.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
Quotation of Milton Friedman
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
The power to do good is also the power to do harm.
Quotation of Milton Friedman
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.
Quotation of Milton Friedman
There's no such thing as a free lunch.
Quotation of Milton Friedman
Underlying most arguments against the free market is a lack of belief in freedom itself.
Quotation of Milton Friedman
Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.
Quotation of Milton Friedman
We have a system that increasingly taxes work and subsidizes nonwork.
Quotation of Milton Friedman