Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
MILTON FRIEDMANGovernment is a way by which every individual believes he can live at the expense of everybody else.
More Milton Friedman Quotes
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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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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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The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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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Inflation is the one form of taxation that can be imposed without legislation.
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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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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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One role of prohibition is in making the drug market more lucrative.
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Only a crisis, actual or perceived, produces real change.
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
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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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When you start paying people to be poor, you wind up with an awful lot of poor people.
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You never can cure poverty. Poverty is in the eye of the beholder.
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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