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.
MILTON FRIEDMANMost 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.
More Milton Friedman Quotes
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There’s no such thing as a free lunch.
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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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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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 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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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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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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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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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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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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Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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Governments never learn. Only people learn.
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Every person shall be free to do good at his own expense.
MILTON FRIEDMAN