A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
MILTON FRIEDMANThere’s nothing that does so much harm as good intentions.
More Milton Friedman Quotes
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Governments never learn. Only people learn.
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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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You cannot simultaneously have free immigration and a welfare state.
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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.
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Nothing is so permanent as a temporary government program.
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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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The excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
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The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
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Nobody spends somebody else’s money as carefully as he spends his own.
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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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The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
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The power to do good is also the power to do harm.
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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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There’s no such thing as a free lunch.
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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