There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
MILTON FRIEDMANNothing is so permanent as a temporary government program.
More Milton Friedman Quotes
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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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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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There’s nothing that does so much harm as good intentions.
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The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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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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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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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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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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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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Society doesn’t have values. People have values.
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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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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.
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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.
MILTON FRIEDMAN