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 FRIEDMANIs it really true that political self-interest is nobler somehow than economic self-interest?
More Milton Friedman Quotes
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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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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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Political freedom means the absence of coercion of a man by his fellow men.
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We have a system that increasingly taxes work and subsidizes nonwork.
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The great achievements of civilization have not come from government bureaus.
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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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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Only a crisis, actual or perceived, produces real change.
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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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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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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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
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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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Governments never learn. Only people learn.
MILTON FRIEDMAN