Milton Friedman on business
Milton Friedman74 quotes“With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.”
More from Milton Friedman
The power to do good is also the power to do harm.
Milton FriedmanMilton Friedman There’s no doubt in my mind that Ronald Reagan was by far the greatest. Because he had real principles and he stuck by them. He made clear what he was going to do, and he did it. He didn’t back down.
Milton FriedmanMilton Friedman We have a system that increasingly taxes work and subsidizes nonwork.
Milton FriedmanMilton Friedman 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 FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
Milton FriedmanMilton Friedman Society doesn’t have values. People have values.
Milton FriedmanMilton Friedman The combination of economic and political power in the same hands is a sure recipe for tyranny.
Milton FriedmanMilton Friedman You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
Milton FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman You know there are very few Marxists left in the world they’re all in American universities.
Milton FriedmanMilton Friedman Every person shall be free to do good at his own expense.
Milton FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman The government solution to a problem is usually as bad as the problem.
Milton FriedmanMilton Friedman Only a crisis, actual or perceived, produces real change.
Milton FriedmanMilton Friedman If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
Milton FriedmanMilton Friedman
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More on business
A mistake is only an error, it becomes a mistake when you fail to correct it.
John LennonJohn Lennon Adopt and change before any major trends or changes.
Jack MaJack Ma I do think there is an important artistic component in what we do. As a technology company I’ve tried to really stress that.
Larry PageLarry Page An annuity is a very serious business.
Jane AustenJane Austen You’re probably on the right track if you feel like a sidewalk worm during a rainstorm.
Larry PageLarry Page You can’t run a business without taking risks. The brave may not live forever – but the cautious do not live at all!
Richard BransonRichard Branson Experience is the thing of supreme value.
Henry FordHenry Ford Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
Warren BuffettWarren Buffett
