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.
MILTON FRIEDMANYou never can cure poverty. Poverty is in the eye of the beholder.
More Milton Friedman Quotes
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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.
MILTON FRIEDMAN -
Corruption is government intrusion into market efficiencies in the form of regulations.
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There’s no such thing as a free lunch.
MILTON FRIEDMAN -
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
MILTON FRIEDMAN -
A free man will ask neither what his country can do for him nor what he can do for his country.
MILTON FRIEDMAN -
With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
MILTON FRIEDMAN -
There’s nothing that does so much harm as good intentions.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
Underlying most arguments against the free market is a lack of belief in freedom itself.
MILTON FRIEDMAN -
The 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.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
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.
MILTON FRIEDMAN -
One role of prohibition is in making the drug market more lucrative.
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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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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
MILTON FRIEDMAN