If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
MILTON FRIEDMANOne role of prohibition is in making the drug market more lucrative.
More Milton Friedman Quotes
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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 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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We have a system that increasingly taxes work and subsidizes nonwork.
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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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The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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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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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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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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The combination of economic and political power in the same hands is a sure recipe for tyranny.
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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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The government solution to a problem is usually as bad as the problem.
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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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Only a crisis, actual or perceived, produces real change.
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Nobody spends somebody else’s money as carefully as he spends his own.
MILTON FRIEDMAN