With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
MILTON FRIEDMANSee, 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.
More Milton Friedman Quotes
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Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.
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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
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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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Only a crisis, actual or perceived, produces real change.
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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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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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Government is a way by which every individual believes he can live at the expense of everybody else.
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The government solution to a problem is usually as bad as the problem.
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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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The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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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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There are severe limits to the good that the government can do for the economy, but there are almost no limits to the harm it can do.
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When you start paying people to be poor, you wind up with an awful lot of poor people.
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With respect to teachers’ salaries …. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.
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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
MILTON FRIEDMAN