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 FRIEDMANThere’s no such thing as a free lunch.
More Milton Friedman Quotes
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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.
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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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In the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
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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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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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Underlying most arguments against the free market is a lack of belief in freedom itself.
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Inflation is the one form of taxation that can be imposed without legislation.
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We have a system that increasingly taxes work and subsidizes nonwork.
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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.
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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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The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
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The only corporate social responsibility a company has is to maximize its profits.
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Every person shall be free to do good at his own expense.
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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