You cannot simultaneously have free immigration and a welfare state.
MILTON FRIEDMANThe power to do good is also the power to do harm.
More Milton Friedman Quotes
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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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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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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.
MILTON FRIEDMAN -
Political freedom means the absence of coercion of a man by his fellow men.
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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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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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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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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.
MILTON FRIEDMAN -
What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
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Hell hath no fury like a bureaucrat scorned.
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There’s nothing that does so much harm as good intentions.
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If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
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The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
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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.
MILTON FRIEDMAN -
We have a system that increasingly taxes work and subsidizes nonwork.
MILTON FRIEDMAN