There 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 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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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.
MILTON FRIEDMAN -
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 FRIEDMAN -
If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
You cannot simultaneously have free immigration and a welfare state.
MILTON FRIEDMAN -
The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
MILTON FRIEDMAN -
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
MILTON FRIEDMAN -
Nothing is so permanent as a temporary government program.
MILTON FRIEDMAN -
Corruption is government intrusion into market efficiencies in the form of regulations.
MILTON FRIEDMAN -
There’s no such thing as a free lunch.
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Only a crisis, actual or perceived, produces real change.
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Underlying most arguments against the free market is a lack of belief in freedom itself.
MILTON FRIEDMAN -
Government is a way by which every individual believes he can live at the expense of everybody else.
MILTON FRIEDMAN -
With 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.
MILTON FRIEDMAN