With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
MILTON FRIEDMANYou cannot simultaneously have free immigration and a welfare state.
More Milton Friedman Quotes
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The government solution to a problem is usually as bad as the problem.
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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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The only corporate social responsibility a company has is to maximize its profits.
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Governments never learn. Only people learn.
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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 real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
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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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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.
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What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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Corruption is government intrusion into market efficiencies in the form of regulations.
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In the 1960s, The National Education Association changed its character. The NEA changed into a union. And from that point on you can see deterioration in the quality of schooling in the United States.
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Inflation is the one form of taxation that can be imposed without legislation.
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Hell hath no fury like a bureaucrat scorned.
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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