Society doesn’t have values. People have values.
MILTON FRIEDMANEvery person shall be free to do good at his own expense.
More Milton Friedman Quotes
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See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
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A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
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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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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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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 -
Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMAN -
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
MILTON FRIEDMAN -
One role of prohibition is in making the drug market more lucrative.
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Governments never learn. Only people learn.
MILTON FRIEDMAN -
Political freedom means the absence of coercion of a man by his fellow men.
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The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
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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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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.
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Only a crisis, actual or perceived, produces real change.
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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.
MILTON FRIEDMAN