Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMANThere’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.
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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A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
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Nobody spends somebody else’s money as carefully as he spends his own.
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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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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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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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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 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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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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Anything that government can do, private enterprise can do for half the cost.
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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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The great achievements of civilization have not come from government bureaus.
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Governments never learn. Only people learn.
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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.
MILTON FRIEDMAN