Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
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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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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You must distinguish sharply between being pro free enterprise and being pro business.
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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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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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Inflation is the one form of taxation that can be imposed without legislation.
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When you start paying people to be poor, you wind up with an awful lot of poor people.
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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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One role of prohibition is in making the drug market more lucrative.
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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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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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We have a system that increasingly taxes work and subsidizes nonwork.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
MILTON FRIEDMAN