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.
MILTON FRIEDMANThe only corporate social responsibility a company has is to maximize its profits.
More Milton Friedman Quotes
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Only a crisis, actual or perceived, produces real change.
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Governments never learn. Only people learn.
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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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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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
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When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union – like public housing in the United States – look decrepit within a year or two of their construction.
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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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Every person shall be free to do good at his own expense.
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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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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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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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You know there are very few Marxists left in the world they’re all in American universities.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
MILTON FRIEDMAN