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.
MILTON FRIEDMAN
MILTON FRIEDMAN
Milton Friedman on employment
Milton Friedman74 quotes“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.”
Filed under
More from Milton Friedman
There’s no such thing as a free lunch.
Milton FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman The only corporate social responsibility a company has is to maximize its profits.
Milton FriedmanMilton Friedman A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
Milton FriedmanMilton Friedman Corruption is government intrusion into market efficiencies in the form of regulations.
Milton FriedmanMilton Friedman Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
Milton FriedmanMilton Friedman There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
Milton FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman Concentrated power is not rendered harmless by the good intentions of those who create it.
Milton FriedmanMilton Friedman The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
Milton FriedmanMilton Friedman You must distinguish sharply between being pro free enterprise and being pro business.
Milton FriedmanMilton Friedman The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
Milton FriedmanMilton Friedman The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
Milton FriedmanMilton Friedman When you start paying people to be poor, you wind up with an awful lot of poor people.
Milton FriedmanMilton Friedman With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
Milton FriedmanMilton Friedman The problem in this world is to avoid concentration of power – we must have a dispersion of power.
Milton FriedmanMilton Friedman
Original quotes
From our community writers
Since you are gone, I collect the stars each night building my own night sky, so I have something to hold onto forever.
Laura ChouetteLaura Chouette Can anybody hear me? Are my words going to waste I need to believe there was a purpose to all the pain?
Allie MillerAllie Miller The universe hears what you say, but it knows what you mean.
Brianna PastorBrianna Pastor Enough of this. The next one I love will return my passion.
Iestyn TudorIestyn Tudor It’s unconditional; their chemistry is unconditional – forever.
Ophelia ScarlettOphelia Scarlett I love you so much that it hurts and that’s the problem I love you so much that it hurts.
Olivia CliffordOlivia Clifford Let’s always bloom, savor and delight others with our beauty.
Mariya FedulovaMariya Fedulova Shadows follow me the way a vulture stalks death. One small step ahead.
Danielle MontgomeryDanielle Montgomery
Meet the writers
More on employment
Employment is nature’s physician, and is essential to human happiness.
GalenGalen Could a man live by it, it were not unpleasant employment to be a poet.
Oliver GoldsmithOliver Goldsmith Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.
Noam ChomskyNoam Chomsky The European Central Bank has only the first. It has no commitment to keep employment up.
Noam ChomskyNoam Chomsky In Britain, what we’ve done is say to 485 million people, ‘You can all come, every one of you. You’re unemployed? You’ve got a criminal record? Please come. You’ve got 19 children? Please come.’ We’ve lost any sense of perspective on this.
Nigel FarageNigel Farage It’s a European Union of economic failure, of mass unemployment and of low growth.
Nigel FarageNigel Farage To the security of employment at working age, to the challenge of accumulating for retirement.
Alan M. TaylorAlan M. Taylor Nonetheless, GAO’s conclusion that employer sanctions had somehow caused employment discrimination was contradicted by GAO’s own Chief of Methodology, who criticized the GAO report.
Alan Kooi SimpsonAlan Kooi Simpson