Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANPolitical freedom means the absence of coercion of a man by his fellow men.
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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Anything that government can do, private enterprise can do for half the cost.
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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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We have a system that increasingly taxes work and subsidizes nonwork.
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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 combination of economic and political power in the same hands is a sure recipe for tyranny.
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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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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
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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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Governments never learn. Only people learn.
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One role of prohibition is in making the drug market more lucrative.
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Nothing is so permanent as a temporary government program.
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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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Nobody spends somebody else’s money as carefully as he spends his own.
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The growing role that the government has played in financing and administering schooling has led not only the enormous waste of taxpayers money but also to a far poorer educational system.
MILTON FRIEDMAN