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.
MILTON FRIEDMANThe problem in this world is to avoid concentration of power – we must have a dispersion of power.
More Milton Friedman Quotes
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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You cannot simultaneously have free immigration and a welfare state.
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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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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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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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Corruption is government intrusion into market efficiencies in the form of regulations.
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You never can cure poverty. Poverty is in the eye of the beholder.
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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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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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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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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.
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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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A free man will ask neither what his country can do for him nor what he can do for his country.
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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.
MILTON FRIEDMAN