When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union – like public housing in the United States – look decrepit within a year or two of their construction.
MILTON FRIEDMANNobody spends somebody else’s money as carefully as he spends his own.
More Milton Friedman Quotes
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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.
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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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Nothing is so permanent as a temporary government program.
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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We have a system that increasingly taxes work and subsidizes nonwork.
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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.
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
MILTON FRIEDMAN -
The only corporate social responsibility a company has is to maximize its profits.
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You never can cure poverty. Poverty is in the eye of the beholder.
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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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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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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.
MILTON FRIEDMAN