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.
MILTON FRIEDMANYou know there are very few Marxists left in the world they’re all in American universities.
More Milton Friedman Quotes
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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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Governments never learn. Only people learn.
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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Nothing is so permanent as a temporary government program.
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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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The only corporate social responsibility a company has is to maximize its profits.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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There’s no such thing as a free lunch.
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There’s nothing that does so much harm as good intentions.
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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.
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There’s no doubt in my mind that Ronald Reagan was by far the greatest. Because he had real principles and he stuck by them. He made clear what he was going to do, and he did it. He didn’t back down.
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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.
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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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We have a system that increasingly taxes work and subsidizes nonwork.
MILTON FRIEDMAN