The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
MILTON FRIEDMANThe government doesn’t have any money. The only power it has is to take from some and give to others.
More Milton Friedman Quotes
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Nobody spends somebody else’s money as carefully as he spends his own.
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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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Political freedom means the absence of coercion of a man by his fellow men.
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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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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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You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
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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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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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Every person shall be free to do good at his own expense.
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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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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 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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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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We have a system that increasingly taxes work and subsidizes nonwork.
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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