The power to do good is also the power to do harm.
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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If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.
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The growing role that the government has played in financing and administering schooling has led not only the enormous waste of taxpayers money but also to a far poorer educational system.
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Every person shall be free to do good at his own expense.
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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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Nothing is so permanent as a temporary government program.
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With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
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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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We have a system that increasingly taxes work and subsidizes nonwork.
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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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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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You cannot simultaneously have free immigration and a welfare state.
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Nobody spends somebody else’s money as carefully as he spends his own.
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There’s no such thing as a free lunch.
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Anything that government can do, private enterprise can do for half the cost.
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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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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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The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or ethnic backgrounds, to cooperate economically. Government intervention can’t do that.
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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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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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The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
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Inflation is the one form of taxation that can be imposed without legislation.
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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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Is it really true that political self-interest is nobler somehow than economic self-interest?
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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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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
MILTON FRIEDMAN