Corruption is government intrusion into market efficiencies in the form of regulations.
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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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 Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
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You must distinguish sharply between being pro free enterprise and being pro business.
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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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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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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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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.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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I’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.
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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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We have a system that increasingly taxes work and subsidizes nonwork.
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Anything that government can do, private enterprise can do for half the cost.
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The 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.
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You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
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Nothing is so permanent as a temporary government program.
MILTON FRIEDMAN