Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANThe excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
More Milton Friedman Quotes
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Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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Underlying most arguments against the free market is a lack of belief in freedom itself.
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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.
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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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A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
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With respect to teachers’ salaries …. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.
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Only a crisis, actual or perceived, produces real change.
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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.
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The great achievements of civilization have not come from government bureaus.
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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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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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Government is a way by which every individual believes he can live at the expense of everybody else.
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The growing role that the government has played in financing and administering schooling has led not only the enormous waste of taxpayers money but also to a far poorer educational system.
MILTON FRIEDMAN