If you cannot state a proposition clearly and unambiguously, you do not understand it.
MILTON FRIEDMANThere’s nothing that does so much harm as good intentions.
More Milton Friedman Quotes
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Nothing is so permanent as a temporary government program.
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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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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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You know there are very few Marxists left in the world they’re all in American universities.
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The combination of economic and political power in the same hands is a sure recipe for tyranny.
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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
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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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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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You never can cure poverty. Poverty is in the eye of the beholder.
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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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Only a crisis, actual or perceived, produces real change.
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One role of prohibition is in making the drug market more lucrative.
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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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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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Governments never learn. Only people learn.
MILTON FRIEDMAN