Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANSince the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
More Milton Friedman Quotes
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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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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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Nobody spends somebody else’s money as carefully as he spends his own.
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Governments never learn. Only people learn.
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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
MILTON FRIEDMAN -
There’s no such thing as a free lunch.
MILTON FRIEDMAN -
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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You cannot simultaneously have free immigration and a welfare state.
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 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 -
There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
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The great achievements of civilization have not come from government bureaus.
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Hell hath no fury like a bureaucrat scorned.
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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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The government doesn’t have any money. The only power it has is to take from some and give to others.
MILTON FRIEDMAN