The only corporate social responsibility a company has is to maximize its profits.
MILTON FRIEDMANThe problem in this world is to avoid concentration of power – we must have a dispersion of power.
More Milton Friedman Quotes
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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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Nobody spends somebody else’s money as carefully as he spends his own.
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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.
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Government is a way by which every individual believes he can live at the expense of everybody else.
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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
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When you start paying people to be poor, you wind up with an awful lot of poor people.
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The government solution to a problem is usually as bad as the problem.
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What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
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Inflation is the one form of taxation that can be imposed without legislation.
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You must distinguish sharply between being pro free enterprise and being pro business.
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There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
MILTON FRIEDMAN