Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANEvery person shall be free to do good at his own expense.
More Milton Friedman Quotes
-
-
The great achievements of civilization have not come from government bureaus.
MILTON FRIEDMAN -
We have a system that increasingly taxes work and subsidizes nonwork.
MILTON FRIEDMAN -
When you start paying people to be poor, you wind up with an awful lot of poor people.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
I would say that in this world, the greatest source of inequality has been special privileges granted by government.
MILTON FRIEDMAN -
The combination of economic and political power in the same hands is a sure recipe for tyranny.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
Concentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMAN -
Political freedom means the absence of coercion of a man by his fellow men.
MILTON FRIEDMAN -
A free man will ask neither what his country can do for him nor what he can do for his country.
MILTON FRIEDMAN -
With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
MILTON FRIEDMAN -
There’s nothing that does so much harm as good intentions.
MILTON FRIEDMAN -
The only corporate social responsibility a company has is to maximize its profits.
MILTON FRIEDMAN -
If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
MILTON FRIEDMAN -
Government is a way by which every individual believes he can live at the expense of everybody else.
MILTON FRIEDMAN