If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
MILTON FRIEDMANI 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.
More Milton Friedman Quotes
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We have a system that increasingly taxes work and subsidizes nonwork.
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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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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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You cannot simultaneously have free immigration and a welfare state.
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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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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 -
A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
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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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The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or ethnic backgrounds, to cooperate economically. Government intervention can’t do that.
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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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Corruption is government intrusion into market efficiencies in the form of regulations.
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Anything that government can do, private enterprise can do for half the cost.
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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Political freedom means the absence of coercion of a man by his fellow men.
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The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
MILTON FRIEDMAN