Corruption is government intrusion into market efficiencies in the form of regulations.
MILTON FRIEDMANIn the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
More Milton Friedman Quotes
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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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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The government solution to a problem is usually as bad as the problem.
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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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The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or ethnic backgrounds, to cooperate economically. Government intervention can’t do that.
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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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The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
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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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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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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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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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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.
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Inflation is the one form of taxation that can be imposed without legislation.
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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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Governments never learn. Only people learn.
MILTON FRIEDMAN






