The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
MILTON FRIEDMANThe Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
More Milton Friedman Quotes
-
-
Government is a way by which every individual believes he can live at the expense of everybody else.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
MILTON FRIEDMAN -
When you start paying people to be poor, you wind up with an awful lot of poor people.
MILTON FRIEDMAN -
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
MILTON FRIEDMAN -
You must distinguish sharply between being pro free enterprise and being pro business.
MILTON FRIEDMAN -
One role of prohibition is in making the drug market more lucrative.
MILTON FRIEDMAN -
You cannot simultaneously have free immigration and a welfare state.
MILTON FRIEDMAN -
If you cannot state a proposition clearly and unambiguously, you do not understand it.
MILTON FRIEDMAN -
Inflation is the one form of taxation that can be imposed without legislation.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
There’s no such thing as a free lunch.
MILTON FRIEDMAN -
We have a system that increasingly taxes work and subsidizes nonwork.
MILTON FRIEDMAN