Concentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMANYou cannot simultaneously have free immigration and a welfare state.
More Milton Friedman Quotes
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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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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The word ‘free’ is used three times in the Declaration of Independence and once in the First Amendment to the Constitution, along with ‘freedom.’ The word ‘fair’ is not used in either of our founding documents.
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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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When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union – like public housing in the United States – look decrepit within a year or two of their construction.
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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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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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Governments never learn. Only people learn.
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The only corporate social responsibility a company has is to maximize its profits.
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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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You know there are very few Marxists left in the world they’re all in American universities.
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Society doesn’t have values. People have values.
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You cannot simultaneously have free immigration and a welfare state.
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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.
MILTON FRIEDMAN