The combination of economic and political power in the same hands is a sure recipe for tyranny.
MILTON FRIEDMANA society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
More Milton Friedman Quotes
-
-
The great achievements of civilization have not come from government bureaus.
MILTON FRIEDMAN -
Governments never learn. Only people learn.
MILTON FRIEDMAN -
If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
MILTON FRIEDMAN -
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
MILTON FRIEDMAN -
The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
MILTON FRIEDMAN -
The power to do good is also the power to do harm.
MILTON FRIEDMAN -
The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
MILTON FRIEDMAN -
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
Nobody spends somebody else’s money as carefully as he spends his own.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
Concentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMAN -
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
MILTON FRIEDMAN -
If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
MILTON FRIEDMAN -
The government doesn’t have any money. The only power it has is to take from some and give to others.
MILTON FRIEDMAN






