Society doesn’t have values. People have values.
MILTON FRIEDMANSociety doesn’t have values. People have values.
MILTON FRIEDMANPolitical freedom means the absence of coercion of a man by his fellow men.
MILTON FRIEDMANThe 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.
MILTON FRIEDMANThe 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.
MILTON FRIEDMANThere’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.
MILTON FRIEDMANGovernments never learn. Only people learn.
MILTON FRIEDMANA society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
MILTON FRIEDMANWhen you start paying people to be poor, you wind up with an awful lot of poor people.
MILTON FRIEDMANThere’s nothing that does so much harm as good intentions.
MILTON FRIEDMANConcentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMANThere 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.
MILTON FRIEDMANSince the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
MILTON FRIEDMANThe 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 FRIEDMANIf you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
MILTON FRIEDMANFreedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
MILTON FRIEDMANThe 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.
MILTON FRIEDMAN