Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANAnything that government can do, private enterprise can do for half the cost.
More Milton Friedman Quotes
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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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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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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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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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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’s no such thing as a free lunch.
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One role of prohibition is in making the drug market more lucrative.
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The only corporate social responsibility a company has is to maximize its profits.
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Governments never learn. Only people learn.
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A free man will ask neither what his country can do for him nor what he can do for his country.
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You cannot simultaneously have free immigration and a welfare state.
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The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
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The government solution to a problem is usually as bad as the problem.
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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.
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You never can cure poverty. Poverty is in the eye of the beholder.
MILTON FRIEDMAN