A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
MILTON FRIEDMANFreedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
More Milton Friedman Quotes
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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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There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
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When you start paying people to be poor, you wind up with an awful lot of poor people.
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Political freedom means the absence of coercion of a man by his fellow men.
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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.
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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 power to do good is also the power to do harm.
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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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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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Anything that government can do, private enterprise can do for half the cost.
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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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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
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Hell hath no fury like a bureaucrat scorned.
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In the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
MILTON FRIEDMAN