A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
MILTON FRIEDMANNothing is so permanent as a temporary government program.
More Milton Friedman Quotes
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You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
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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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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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Nobody spends somebody else’s money as carefully as he spends his own.
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Society doesn’t have values. People have values.
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Only a crisis, actual or perceived, produces real change.
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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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Political freedom means the absence of coercion of a man by his fellow men.
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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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The great achievements of civilization have not come from government bureaus.
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We have a system that increasingly taxes work and subsidizes nonwork.
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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.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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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