There’s nothing that does so much harm as good intentions.
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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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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We have a system that increasingly taxes work and subsidizes nonwork.
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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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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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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
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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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Hell hath no fury like a bureaucrat scorned.
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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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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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The power to do good is also the power to do harm.
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There are severe limits to the good that the government can do for the economy, but there are almost no limits to the harm it can do.
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When you start paying people to be poor, you wind up with an awful lot of poor people.
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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
MILTON FRIEDMAN