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You cannot simultaneously have free immigration and a welfare state.

Milton Friedman

Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
MILTON FRIEDMAN

Government Money Save
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
MILTON FRIEDMAN

Myself Possible Reason Support
When you start paying people to be poor, you wind up with an awful lot of poor people.
MILTON FRIEDMAN

People Poor Start Wind Yourself
The combination of economic and political power in the same hands is a sure recipe for tyranny.
MILTON FRIEDMAN

Destruction Hands Politics Power
Governments never learn. Only people learn.
MILTON FRIEDMAN

Government Learning People Philosophy Rule
There’s nothing that does so much harm as good intentions.
MILTON FRIEDMAN

Goodness Harm Intention Liberty
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.
MILTON FRIEDMAN

Business Design Game Oneself Responsibility Rule
Concentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMAN

Creation Harm Intention Liberty Power
Anything that government can do, private enterprise can do for half the cost.
MILTON FRIEDMAN

Government Price
Every person shall be free to do good at his own expense.
MILTON FRIEDMAN

Freedom Person Price
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.
MILTON FRIEDMAN

Hurt Law People Reality Support Tragedy
We have a system that increasingly taxes work and subsidizes nonwork.
MILTON FRIEDMAN

Law Liberty Politics Society
There’s no such thing as a free lunch.
MILTON FRIEDMAN

Food Freedom
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
MILTON FRIEDMAN

Business Freedom Important Place Profit
Is it really true that political self-interest is nobler somehow than economic self-interest?
MILTON FRIEDMAN

Noble Politics Profit True
You must distinguish sharply between being pro free enterprise and being pro business.
MILTON FRIEDMAN

Business Difference Freedom Yourself

You cannot simultaneously have free immigration and a welfare state.

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You cannot simultaneously have free immigration and a welfare state.

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