One of the great mistakes is to judge policies and programs by their intentions rather than their results.
MILTON FRIEDMANThe great achievements of civilization have not come from government bureaus.
More Milton Friedman Quotes
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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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There’s nothing that does so much harm as good intentions.
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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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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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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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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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Governments never learn. Only people learn.
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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 power to do good is also the power to do harm.
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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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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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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The combination of economic and political power in the same hands is a sure recipe for tyranny.
MILTON FRIEDMAN