Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
MILTON FRIEDMANThe only corporate social responsibility a company has is to maximize its profits.
More Milton Friedman Quotes
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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.
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The great achievements of civilization have not come from government bureaus.
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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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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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There’s nothing that does so much harm as good intentions.
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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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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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You cannot simultaneously have free immigration and a welfare state.
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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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The government solution to a problem is usually as bad as the problem.
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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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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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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.
MILTON FRIEDMAN