When you start paying people to be poor, you wind up with an awful lot of poor people.
MILTON FRIEDMAN
MILTON FRIEDMAN
Milton Friedman on people
Milton Friedman74 quotes“When you start paying people to be poor, you wind up with an awful lot of poor people.”
More from Milton Friedman
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.
Milton FriedmanMilton Friedman There are severe limits to the good that the government can do for the economy, but there are almost no limits to the harm it can do.
Milton FriedmanMilton Friedman The government doesn’t have any money. The only power it has is to take from some and give to others.
Milton FriedmanMilton Friedman Hell hath no fury like a bureaucrat scorned.
Milton FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman 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.
Milton FriedmanMilton Friedman 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 FriedmanMilton Friedman The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
Milton FriedmanMilton 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
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