The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
MILTON FRIEDMANThe 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.
More Milton Friedman Quotes
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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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Governments never learn. Only people learn.
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Only a crisis, actual or perceived, produces real change.
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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.
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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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Every person shall be free to do good at his own expense.
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The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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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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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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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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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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Government is a way by which every individual believes he can live at the expense of everybody else.
MILTON FRIEDMAN






