One role of prohibition is in making the drug market more lucrative.
MILTON FRIEDMANOnly a crisis, actual or perceived, produces real change.
More Milton Friedman Quotes
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Inflation is the one form of taxation that can be imposed without legislation.
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The combination of economic and political power in the same hands is a sure recipe for tyranny.
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A free man will ask neither what his country can do for him nor what he can do for his country.
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Anything that government can do, private enterprise can do for half the cost.
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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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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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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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You cannot simultaneously have free immigration and a welfare state.
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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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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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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
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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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Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
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Hell hath no fury like a bureaucrat scorned.
MILTON FRIEDMAN