A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
MILTON FRIEDMANIs it really true that political self-interest is nobler somehow than economic self-interest?
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.
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In the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
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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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The power to do good is also the power to do harm.
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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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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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Corruption is government intrusion into market efficiencies in the form of regulations.
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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.
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Anything that government can do, private enterprise can do for half the cost.
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Nothing is so permanent as a temporary government program.
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The only corporate social responsibility a company has is to maximize its profits.
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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.
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There’s no such thing as a free lunch.
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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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Society doesn’t have values. People have values.
MILTON FRIEDMAN