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 FRIEDMANOne of the great mistakes is to judge policies and programs by their intentions rather than their results.
More Milton Friedman Quotes
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You know there are very few Marxists left in the world they’re all in American universities.
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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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Corruption is government intrusion into market efficiencies in the form of regulations.
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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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I would say that in this world, the greatest source of inequality has been special privileges granted by government.
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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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If you cannot state a proposition clearly and unambiguously, you do not understand it.
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Political freedom means the absence of coercion of a man by his fellow men.
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A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
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The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
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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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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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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.
MILTON FRIEDMAN