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.
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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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
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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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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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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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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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You know there are very few Marxists left in the world they’re all in American universities.
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The government doesn’t have any money. The only power it has is to take from some and give to others.
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The growing role that the government has played in financing and administering schooling has led not only the enormous waste of taxpayers money but also to a far poorer educational system.
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Nothing is so permanent as a temporary government program.
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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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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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The only corporate social responsibility a company has is to maximize its profits.
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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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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.
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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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Anything that government can do, private enterprise can do for half the cost.
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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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There’s nothing that does so much harm as good intentions.
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The great achievements of civilization have not come from government bureaus.
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One role of prohibition is in making the drug market more lucrative.
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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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Society doesn’t have values. People have values.
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Hell hath no fury like a bureaucrat scorned.
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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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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.
MILTON FRIEDMAN