One role of prohibition is in making the drug market more lucrative.
MILTON FRIEDMANThe only corporate social responsibility a company has is to maximize its profits.
More Milton Friedman Quotes
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You cannot simultaneously have free immigration and a welfare state.
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The word ‘free’ is used three times in the Declaration of Independence and once in the First Amendment to the Constitution, along with ‘freedom.’ The word ‘fair’ is not used in either of our founding documents.
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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.
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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 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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The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
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Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
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See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
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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.
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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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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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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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The government doesn’t have any money. The only power it has is to take from some and give to others.
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Society doesn’t have values. People have values.
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When you start paying people to be poor, you wind up with an awful lot of poor people.
MILTON FRIEDMAN