There’s nothing that does so much harm as good intentions.
MILTON FRIEDMANBecause 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.
More Milton Friedman Quotes
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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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You know there are very few Marxists left in the world they’re all in American universities.
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The combination of economic and political power in the same hands is a sure recipe for tyranny.
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There are severe limits to the good that the government can do for the economy, but there are almost no limits to the harm it can do.
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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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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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If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
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The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
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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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A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
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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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Every person shall be free to do good at his own expense.
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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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Hell hath no fury like a bureaucrat scorned.
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Society doesn’t have values. People have values.
MILTON FRIEDMAN