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.
MILTON FRIEDMANThe government solution to a problem is usually as bad as the problem.
More Milton Friedman Quotes
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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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Government is a way by which every individual believes he can live at the expense of everybody else.
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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.
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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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The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or ethnic backgrounds, to cooperate economically. Government intervention can’t do that.
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Only a crisis, actual or perceived, produces real change.
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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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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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The word ‘free’ is used three times in the Declaration of Independence and once in the First Amendment to the Constitution, along with ‘freedom.’ The word ‘fair’ is not used in either of our founding documents.
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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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Governments never learn. Only people learn.
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The government solution to a problem is usually as bad as the problem.
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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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A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
MILTON FRIEDMAN






