Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANBecause 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.
More Milton Friedman Quotes
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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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You know there are very few Marxists left in the world they’re all in American universities.
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Only a crisis, actual or perceived, produces real change.
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Anything that government can do, private enterprise can do for half the cost.
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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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If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
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We have a system that increasingly taxes work and subsidizes nonwork.
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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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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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The great achievements of civilization have not come from government bureaus.
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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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Corruption is government intrusion into market efficiencies in the form of regulations.
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Underlying most arguments against the free market is a lack of belief in freedom itself.
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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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There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
MILTON FRIEDMAN