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.
MILTON FRIEDMANAnything that government can do, private enterprise can do for half the cost.
More Milton Friedman Quotes
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There’s nothing that does so much harm as good intentions.
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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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You cannot simultaneously have free immigration and a welfare state.
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Every person shall be free to do good at his own expense.
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Society doesn’t have values. People have values.
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Governments never learn. Only people learn.
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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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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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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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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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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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In the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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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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With respect to teachers’ salaries …. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.
MILTON FRIEDMAN






