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.
MILTON FRIEDMANHell hath no fury like a bureaucrat scorned.
More Milton Friedman Quotes
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There’s no such thing as a free lunch.
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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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Government is a way by which every individual believes he can live at the expense of everybody else.
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Only a crisis, actual or perceived, produces real change.
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There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.
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I’m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
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Governments never learn. Only people learn.
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Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
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A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
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The great achievements of civilization have not come from government bureaus.
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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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Concentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMAN