If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
MILTON FRIEDMANWith 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.
More Milton Friedman Quotes
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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.
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The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
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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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The power to do good is also the power to do harm.
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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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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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We have a system that increasingly taxes work and subsidizes nonwork.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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You must distinguish sharply between being pro free enterprise and being pro business.
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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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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
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Hell hath no fury like a bureaucrat scorned.
MILTON FRIEDMAN






