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 FRIEDMANHell hath no fury like a bureaucrat scorned.
More Milton Friedman Quotes
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The only corporate social responsibility a company has is to maximize its profits.
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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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The combination of economic and political power in the same hands is a sure recipe for tyranny.
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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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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.
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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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When you start paying people to be poor, you wind up with an awful lot of poor people.
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The great achievements of civilization have not come from government bureaus.
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Only a crisis, actual or perceived, produces real change.
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Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
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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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One role of prohibition is in making the drug market more lucrative.
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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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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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You cannot simultaneously have free immigration and a welfare state.
MILTON FRIEDMAN