The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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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Nothing is so permanent as a temporary government program.
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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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A free man will ask neither what his country can do for him nor what he can do for his country.
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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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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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Inflation is the one form of taxation that can be imposed without legislation.
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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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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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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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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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We have a system that increasingly taxes work and subsidizes nonwork.
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The government solution to a problem is usually as bad as the problem.
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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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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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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.
MILTON FRIEDMAN