Milton Friedman on business
Milton Friedman74 quotes“There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.”
More from Milton Friedman
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
Milton FriedmanMilton Friedman If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
Milton FriedmanMilton Friedman Governments never learn. Only people learn.
Milton FriedmanMilton Friedman Underlying most arguments against the free market is a lack of belief in freedom itself.
Milton FriedmanMilton Friedman The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
Milton FriedmanMilton Friedman There’s nothing that does so much harm as good intentions.
Milton FriedmanMilton Friedman A free man will ask neither what his country can do for him nor what he can do for his country.
Milton FriedmanMilton Friedman Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
Milton FriedmanMilton Friedman Is it really true that political self-interest is nobler somehow than economic self-interest?
Milton FriedmanMilton Friedman You never can cure poverty. Poverty is in the eye of the beholder.
Milton FriedmanMilton Friedman The great achievements of civilization have not come from government bureaus.
Milton FriedmanMilton 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
Original quotes
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More on business
In every enterprise is no greater evil than bad companionship.
AeschylusAeschylus We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
Warren BuffettWarren Buffett Government is the people’s business and every man, woman and child becomes a shareholder with the first penny of tax paid.
Ronald ReaganRonald Reagan When we point to obstacles we inhibit progress. When we offer solutions we advance.
Simon SinekSimon Sinek The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy.
Jack MaJack Ma It is important for young entrepreneurs to be adequately self-aware to know what they do not know.
Mark ZuckerbergMark Zuckerberg I’m not a tech guy. I’m looking at the technology with the eyes of my customers, normal people’s eyes.
Jack MaJack Ma If you actually do something you love it’s a lot easier and takes on a lot more purpose.
Mark ZuckerbergMark Zuckerberg
