Inflation is the one form of taxation that can be imposed without legislation.
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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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There’s no such thing as a free lunch.
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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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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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Hell hath no fury like a bureaucrat scorned.
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Underlying most arguments against the free market is a lack of belief in freedom itself.
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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 point in comparing an actual, operating system with an ideal system that doesn’t exist.
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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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One role of prohibition is in making the drug market more lucrative.
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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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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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Society doesn’t have values. People have values.
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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.
MILTON FRIEDMAN