If you cannot state a proposition clearly and unambiguously, you do not understand it.
MILTON FRIEDMANOne role of prohibition is in making the drug market more lucrative.
More Milton Friedman Quotes
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The great achievements of civilization have not come from government bureaus.
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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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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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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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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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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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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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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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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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A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
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Inflation is the one form of taxation that can be imposed without legislation.
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You never can cure poverty. Poverty is in the eye of the beholder.
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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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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
MILTON FRIEDMAN