Governments never learn. Only people learn.
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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Nothing is so permanent as a temporary government program.
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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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Society doesn’t have values. People have values.
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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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One role of prohibition is in making the drug market more lucrative.
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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.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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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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We have a system that increasingly taxes work and subsidizes nonwork.
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The power to do good is also the power to do harm.
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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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Political freedom means the absence of coercion of a man by his fellow men.
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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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Anything that government can do, private enterprise can do for half the cost.
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Hell hath no fury like a bureaucrat scorned.
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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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The problem in this world is to avoid concentration of power – we must have a dispersion of power.
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There’s nothing that does so much harm as good intentions.
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You must distinguish sharply between being pro free enterprise and being pro business.
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The great achievements of civilization have not come from government bureaus.
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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 real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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The government solution to a problem is usually as bad as the problem.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
MILTON FRIEDMAN