One role of prohibition is in making the drug market more lucrative.
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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The combination of economic and political power in the same hands is a sure recipe for tyranny.
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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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When you start paying people to be poor, you wind up with an awful lot of poor people.
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The government doesn’t have any money. The only power it has is to take from some and give to others.
MILTON FRIEDMAN -
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 -
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 -
There’s no such thing as a free lunch.
MILTON FRIEDMAN -
If you cannot state a proposition clearly and unambiguously, you do not understand it.
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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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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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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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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’s nothing that does so much harm as good intentions.
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Anything that government can do, private enterprise can do for half the cost.
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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.
MILTON FRIEDMAN