Society doesn’t have values. People have values.
MILTON FRIEDMANI am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
More Milton Friedman Quotes
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With respect to teachers’ salaries …. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.
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There’s no doubt in my mind that Ronald Reagan was by far the greatest. Because he had real principles and he stuck by them. He made clear what he was going to do, and he did it. He didn’t back down.
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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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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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The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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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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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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Political freedom means the absence of coercion of a man by his fellow men.
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You cannot simultaneously have free immigration and a welfare state.
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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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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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When you start paying people to be poor, you wind up with an awful lot of poor people.
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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
MILTON FRIEDMAN