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.
MILTON FRIEDMANMost 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.
MILTON FRIEDMANThe 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 FRIEDMANI’m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
MILTON FRIEDMANSince the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
MILTON FRIEDMANOne role of prohibition is in making the drug market more lucrative.
MILTON FRIEDMANA free man will ask neither what his country can do for him nor what he can do for his country.
MILTON FRIEDMANSociety doesn’t have values. People have values.
MILTON FRIEDMANThe government doesn’t have any money. The only power it has is to take from some and give to others.
MILTON FRIEDMANHell hath no fury like a bureaucrat scorned.
MILTON FRIEDMANThere’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
MILTON FRIEDMANUnderlying most arguments against the free market is a lack of belief in freedom itself.
MILTON FRIEDMANThere 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.
MILTON FRIEDMANYou never can cure poverty. Poverty is in the eye of the beholder.
MILTON FRIEDMANBecause 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.
MILTON FRIEDMANInflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANHigher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
MILTON FRIEDMAN