A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
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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There’s no point in comparing an actual, operating system with an ideal system that doesn’t exist.
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Hell hath no fury like a bureaucrat scorned.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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You cannot simultaneously have free immigration and a welfare state.
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You never can cure poverty. Poverty is in the eye of the beholder.
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Nobody spends somebody else’s money as carefully as he spends his own.
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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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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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Every person shall be free to do good at his own expense.
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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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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Society doesn’t have values. People have values.
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A free man will ask neither what his country can do for him nor what he can do for his country.
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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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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.
MILTON FRIEDMAN