You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
MILTON FRIEDMANIf you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
More Milton Friedman Quotes
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
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There’s nothing that does so much harm as good intentions.
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Anything that government can do, private enterprise can do for half the cost.
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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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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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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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What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
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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.
MILTON FRIEDMAN -
Underlying most arguments against the free market is a lack of belief in freedom itself.
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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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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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The power to do good is also the power to do harm.
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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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See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
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You must distinguish sharply between being pro free enterprise and being pro business.
MILTON FRIEDMAN