Only a crisis, actual or perceived, produces real change.
MILTON FRIEDMANI would say that in this world, the greatest source of inequality has been special privileges granted by government.
More Milton Friedman Quotes
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The power to do good is also the power to do harm.
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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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There’s no such thing as a free lunch.
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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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Society doesn’t have values. People have values.
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Every person shall be free to do good at his own expense.
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Underlying most arguments against the free market is a lack of belief in freedom itself.
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See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
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Is it really true that political self-interest is nobler somehow than economic self-interest?
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Governments never learn. Only people learn.
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
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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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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.
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Nobody spends somebody else’s money as carefully as he spends his own.
MILTON FRIEDMAN