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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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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The power to do good is also the power to do harm.
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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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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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Governments never learn. Only people learn.
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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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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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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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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The great achievements of civilization have not come from government bureaus.
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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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You never can cure poverty. Poverty is in the eye of the beholder.
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You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
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Society doesn’t have values. People have values.
MILTON FRIEDMAN