Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
MILTON FRIEDMANThere 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.
More Milton Friedman Quotes
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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.
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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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One role of prohibition is in making the drug market more lucrative.
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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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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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I’m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
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Nothing is so permanent as a temporary government program.
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There’s nothing that does so much harm as good intentions.
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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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Concentrated power is not rendered harmless by the good intentions of those who create it.
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You cannot simultaneously have free immigration and a welfare state.
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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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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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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.
MILTON FRIEDMAN