There’s no such thing as a free lunch.
MILTON FRIEDMANConcentrated power is not rendered harmless by the good intentions of those who create it.
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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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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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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Only a crisis, actual or perceived, produces real change.
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The power to do good is also the power to do harm.
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Governments never learn. Only people learn.
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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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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
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Anything that government can do, private enterprise can do for half the cost.
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The government solution to a problem is usually as bad as the problem.
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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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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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Nothing is so permanent as a temporary government program.
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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.
MILTON FRIEDMAN