Political freedom means the absence of coercion of a man by his fellow men.
MILTON FRIEDMANSee, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
More Milton Friedman Quotes
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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’s no such thing as a free lunch.
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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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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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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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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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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.
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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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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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Only a crisis, actual or perceived, produces real change.
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One role of prohibition is in making the drug market more lucrative.
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There’s nothing that does so much harm as good intentions.
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You know there are very few Marxists left in the world they’re all in American universities.
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Every person shall be free to do good at his own expense.
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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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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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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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
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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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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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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
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Governments never learn. Only people learn.
MILTON FRIEDMAN