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 FRIEDMANThe great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
More Milton Friedman Quotes
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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 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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Underlying most arguments against the free market is a lack of belief in freedom itself.
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The only corporate social responsibility a company has is to maximize its profits.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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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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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The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
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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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Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.
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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.
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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.
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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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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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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 FRIEDMAN