A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
MILTON FRIEDMANThe government doesn’t have any money. The only power it has is to take from some and give to others.
More Milton Friedman Quotes
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Since the 1930s the technique of buying votes with the voters’ own money has been expanded to an extent undreamed of by earlier politicians.
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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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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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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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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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There’s nothing that does so much harm as good intentions.
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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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Inflation is the one form of taxation that can be imposed without legislation.
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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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The government doesn’t have any money. The only power it has is to take from some and give to others.
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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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There’s no such thing as a free lunch.
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You know there are very few Marxists left in the world they’re all in American universities.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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You never can cure poverty. Poverty is in the eye of the beholder.
MILTON FRIEDMAN