When you start paying people to be poor, you wind up with an awful lot of poor people.
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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You cannot simultaneously have free immigration and a welfare state.
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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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You know there are very few Marxists left in the world they’re all in American universities.
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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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Inflation is the one form of taxation that can be imposed without legislation.
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Society doesn’t have values. People have values.
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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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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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Nobody spends somebody else’s money as carefully as he spends his own.
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The word ‘free’ is used three times in the Declaration of Independence and once in the First Amendment to the Constitution, along with ‘freedom.’ The word ‘fair’ is not used in either of our founding documents.
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Anything that government can do, private enterprise can do for half the cost.
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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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We have a system that increasingly taxes work and subsidizes nonwork.
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Nothing is so permanent as a temporary government program.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMAN