Government is a way by which every individual believes he can live at the expense of everybody else.
MILTON FRIEDMANThe only corporate social responsibility a company has is to maximize its profits.
More Milton Friedman Quotes
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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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Governments never learn. Only people learn.
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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.
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Nothing is so permanent as a temporary government program.
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Inflation is the one form of taxation that can be imposed without legislation.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
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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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Only a crisis, actual or perceived, produces real change.
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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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In the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
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The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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One role of prohibition is in making the drug market more lucrative.
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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