Government is a way by which every individual believes he can live at the expense of everybody else.
MILTON FRIEDMANYou cannot simultaneously have free immigration and a welfare state.
More Milton Friedman Quotes
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One role of prohibition is in making the drug market more lucrative.
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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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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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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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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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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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The power to do good is also the power to do harm.
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Society doesn’t have values. People have values.
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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
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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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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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The government doesn’t have any money. The only power it has is to take from some and give to others.
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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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Nobody spends somebody else’s money as carefully as he spends his own.
MILTON FRIEDMAN