We have a system that increasingly taxes work and subsidizes nonwork.
MILTON FRIEDMANI 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.
More Milton Friedman Quotes
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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There’s no such thing as a free lunch.
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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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Inflation is the one form of taxation that can be imposed without legislation.
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
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The only corporate social responsibility a company has is to maximize its profits.
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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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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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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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The power to do good is also the power to do harm.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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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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The great achievements of civilization have not come from government bureaus.
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I’m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
MILTON FRIEDMAN