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 FRIEDMANSociety doesn’t have values. People have values.
More Milton Friedman Quotes
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There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
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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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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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The government solution to a problem is usually as bad as the problem.
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Inflation is the one form of taxation that can be imposed without legislation.
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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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The only corporate social responsibility a company has is to maximize its profits.
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There’s nothing that does so much harm as good intentions.
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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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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
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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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With respect to teachers’ salaries …. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.
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Hell hath no fury like a bureaucrat scorned.
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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.
MILTON FRIEDMAN