The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
MILTON FRIEDMANThere’s nothing that does so much harm as good intentions.
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 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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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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Government is a way by which every individual believes he can live at the expense of everybody else.
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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There’s no doubt in my mind that Ronald Reagan was by far the greatest. Because he had real principles and he stuck by them. He made clear what he was going to do, and he did it. He didn’t back down.
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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.
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Anything that government can do, private enterprise can do for half the cost.
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The only corporate social responsibility a company has is to maximize its profits.
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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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When you start paying people to be poor, you wind up with an awful lot of poor people.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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In the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
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Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
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Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMAN