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 FRIEDMANCorruption is government intrusion into market efficiencies in the form of regulations.
More Milton Friedman Quotes
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Nobody spends somebody else’s money as carefully as he spends his own.
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You must distinguish sharply between being pro free enterprise and being pro business.
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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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Government is a way by which every individual believes he can live at the expense of everybody else.
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There’s nothing that does so much harm as good intentions.
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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.
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A free man will ask neither what his country can do for him nor what he can do for his country.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
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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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The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
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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.
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Inflation is the one form of taxation that can be imposed without legislation.
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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
MILTON FRIEDMAN