Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
MILTON FRIEDMANI am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
More Milton Friedman Quotes
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Hell hath no fury like a bureaucrat scorned.
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Only a crisis, actual or perceived, produces real change.
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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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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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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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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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You never can cure poverty. Poverty is in the eye of the beholder.
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We have a system that increasingly taxes work and subsidizes nonwork.
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The great achievements of civilization have not come from government bureaus.
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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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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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Nobody spends somebody else’s money as carefully as he spends his own.
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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.
MILTON FRIEDMAN