The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
MILTON FRIEDMANWhen 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.
More Milton Friedman Quotes
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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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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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The great achievements of civilization have not come from government bureaus.
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I am a libertarian with a small “l” and a Republican with a capital “R”. And I am a Republican with a capital “R” on grounds of expediency, not on principle.
MILTON FRIEDMAN -
You never can cure poverty. Poverty is in the eye of the beholder.
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There’s no such thing as a free lunch.
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Society doesn’t have values. People have values.
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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 combination of economic and political power in the same hands is a sure recipe for tyranny.
MILTON FRIEDMAN -
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 -
I am a libertarian with a small “l” and a Republican with a capital “R”. And I am a Republican with a capital “R” on grounds of expediency, not on principle.
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 -
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
MILTON FRIEDMAN -
Underlying most arguments against the free market is a lack of belief in freedom itself.
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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.
MILTON FRIEDMAN