If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
MILTON FRIEDMANSince the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
More Milton Friedman Quotes
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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.
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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.
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There’s no such thing as a free lunch.
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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 most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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The only corporate social responsibility a company has is to maximize its profits.
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If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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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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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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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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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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.
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When you start paying people to be poor, you wind up with an awful lot of poor people.
MILTON FRIEDMAN