The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or ethnic backgrounds, to cooperate economically. Government intervention can’t do that.
MILTON FRIEDMANThe problem in this world is to avoid concentration of power – we must have a dispersion of power.
More Milton Friedman Quotes
-
-
The power to do good is also the power to do harm.
MILTON FRIEDMAN -
When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union – like public housing in the United States – look decrepit within a year or two of their construction.
MILTON FRIEDMAN -
You never can cure poverty. Poverty is in the eye of the beholder.
MILTON FRIEDMAN -
Nobody spends somebody else’s money as carefully as he spends his own.
MILTON FRIEDMAN -
See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
MILTON FRIEDMAN -
Hell hath no fury like a bureaucrat scorned.
MILTON FRIEDMAN -
Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.
MILTON FRIEDMAN -
I am a libertarian with a small “l” and a Republican with a capital “R”. And I am a Republican with a capital “R” on grounds of expediency, not on principle.
MILTON FRIEDMAN -
Anything that government can do, private enterprise can do for half the cost.
MILTON FRIEDMAN -
Only a crisis, actual or perceived, produces real change.
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.
MILTON FRIEDMAN -
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
MILTON FRIEDMAN -
I would say that in this world, the greatest source of inequality has been special privileges granted by government.
MILTON FRIEDMAN -
The government doesn’t have any money. The only power it has is to take from some and give to others.
MILTON FRIEDMAN -
The government solution to a problem is usually as bad as the problem.
MILTON FRIEDMAN