The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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 put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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Society doesn’t have values. People have values.
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See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
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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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Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
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Government is a way by which every individual believes he can live at the expense of everybody else.
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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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The power to do good is also the power to do harm.
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One role of prohibition is in making the drug market more lucrative.
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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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There’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.
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Only a crisis, actual or perceived, produces real change.
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There’s nothing that does so much harm as good intentions.
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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 growing role that the government has played in financing and administering schooling has led not only the enormous waste of taxpayers money but also to a far poorer educational system.
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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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There’s no such thing as a free lunch.
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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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The only corporate social responsibility a company has is to maximize its profits.
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The great achievements of civilization have not come from government bureaus.
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There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
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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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When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union – like public housing in the United States – look decrepit within a year or two of their construction.
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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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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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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
MILTON FRIEDMAN