Governments never learn. Only people learn.
MILTON FRIEDMANGovernments never learn. Only people learn.
More Milton Friedman Quotes
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Every person shall be free to do good at his own expense.
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If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.
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Anything that government can do, private enterprise can do for half the cost.
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The growing role that the government has played in financing and administering schooling has led not only the enormous waste of taxpayers money but also to a far poorer educational system.
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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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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 combination of economic and political power in the same hands is a sure recipe for tyranny.
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Only a crisis, actual or perceived, produces real change.
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Political freedom means the absence of coercion of a man by his fellow men.
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Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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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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There’s no such thing as a free lunch.
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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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One role of prohibition is in making the drug market more lucrative.
MILTON FRIEDMAN