Government is a way by which every individual believes he can live at the expense of everybody else.
MILTON FRIEDMANThe 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.
More Milton Friedman Quotes
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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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Every person shall be free to do good at his own expense.
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The great achievements of civilization have not come from government bureaus.
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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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Underlying most arguments against the free market is a lack of belief in freedom itself.
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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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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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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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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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Only a crisis, actual or perceived, produces real change.
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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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Hell hath no fury like a bureaucrat scorned.
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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 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.
MILTON FRIEDMAN