The government solution to a problem is usually as bad as the problem.
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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You cannot simultaneously have free immigration and a welfare state.
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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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You must distinguish sharply between being pro free enterprise and being pro business.
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One role of prohibition is in making the drug market more lucrative.
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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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Because 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.
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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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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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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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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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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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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
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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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We have a system that increasingly taxes work and subsidizes nonwork.
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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.
MILTON FRIEDMAN