Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
MILTON FRIEDMANWe have a system that increasingly taxes work and subsidizes nonwork.
More Milton Friedman Quotes
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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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There’s nothing that does so much harm as good intentions.
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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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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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Underlying most arguments against the free market is a lack of belief in freedom itself.
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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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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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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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A free man will ask neither what his country can do for him nor what he can do for his country.
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One role of prohibition is in making the drug market more lucrative.
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Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.
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Every person shall be free to do good at his own expense.
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
MILTON FRIEDMAN