The combination of economic and political power in the same hands is a sure recipe for tyranny.
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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One role of prohibition is in making the drug market more lucrative.
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Inflation is the one form of taxation that can be imposed without legislation.
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The government solution to a problem is usually as bad as the problem.
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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.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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The word ‘free’ is used three times in the Declaration of Independence and once in the First Amendment to the Constitution, along with ‘freedom.’ The word ‘fair’ is not used in either of our founding documents.
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Nobody spends somebody else’s money as carefully as he spends his own.
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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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You know there are very few Marxists left in the world they’re all in American universities.
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A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
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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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Political freedom means the absence of coercion of a man by his fellow men.
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The great achievements of civilization have not come from government bureaus.
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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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Society doesn’t have values. People have values.
MILTON FRIEDMAN