I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
MILTON FRIEDMANThe excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
More Milton Friedman Quotes
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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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Underlying most arguments against the free market is a lack of belief in freedom itself.
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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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There’s no doubt in my mind that Ronald Reagan was by far the greatest. Because he had real principles and he stuck by them. He made clear what he was going to do, and he did it. He didn’t back down.
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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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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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I’m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
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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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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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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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You cannot simultaneously have free immigration and a welfare state.
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Nothing is so permanent as a temporary government program.
MILTON FRIEDMAN