The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
MILTON FRIEDMANCorruption is government intrusion into market efficiencies in the form of regulations.
More Milton Friedman Quotes
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The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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Society doesn’t have values. People have values.
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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.
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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.
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There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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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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Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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You cannot simultaneously have free immigration and a welfare state.
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Governments never learn. Only people learn.
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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 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.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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