Milton Friedman Quotes

Top 100 wise famous quotes and sayings by Milton Friedman

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Milton Friedman Famous Quotes & Sayings

Discover top inspirational quotes from Milton Friedman on Wise Famous Quotes.

Milton Friedman quotes: Not all 'schooling' is 'education,' and not all 'education' is 'schooling'. Not all 'schooling' is 'education,' and not all 'education' is 'schooling'.
Milton Friedman quotes: 'Deserves' is an impossible thing to decide. No one deserves anything. Thank God we don't get what we deserve. 'Deserves' is an impossible thing to decide. No one deserves anything. Thank God we don't get what we deserve.
Milton Friedman quotes: Whenever we depart from voluntary cooperation and try to do good by using force, the bad moral value of force triumphs over good intentions. Whenever we depart from voluntary cooperation and try to do good by using force, the bad moral value of force triumphs over good intentions.
Milton Friedman quotes: My interest in political philosophy was rather casual until I met Hayek. My interest in political philosophy was rather casual until I met Hayek.
Milton Friedman quotes: People who intend only to serve public interest are led by invisible hand to private interest which was no part of their intention. People who intend only to serve public interest are led by invisible hand to private interest which was no part of their intention.
Milton Friedman quotes: When something goes wrong, the natural tendency is to say, "By God, we need to pass a law and do something." When something goes wrong, the natural tendency is to say, "By God, we need to pass a law and do something."
Milton Friedman quotes: Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems. Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems.
Milton Friedman quotes: The great achievements of civilization have not come from government bureaus. The great achievements of civilization have not come from government bureaus.
Milton Friedman quotes: Inflation is taxation without legislation Inflation is taxation without legislation
Milton Friedman quotes: With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves. With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
Milton Friedman quotes: Theories can be based on any assumptions, however bizarre. Theories can be based on any assumptions, however bizarre.
Milton Friedman quotes: How do you hold down government spending? How do you hold down government spending?
Milton Friedman quotes: Unfortunately, unanimity is not always feasible. Unfortunately, unanimity is not always feasible.
Milton Friedman quotes: Governments never learn. Only people learn. Governments never learn. Only people learn.
Milton Friedman quotes: I do not believe there is a natural resource economics. I believe there is good economics and bad economics. I do not believe there is a natural resource economics. I believe there is good economics and bad economics.
Milton Friedman quotes: If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand. If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Milton Friedman quotes: I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior. I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior.
Milton Friedman quotes: Saying it is one thing. Doing it is very different. Saying it is one thing. Doing it is very different.
Milton Friedman quotes: You never have real changes unless you have a time of crisis. You never have real changes unless you have a time of crisis.
Milton Friedman quotes: How can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf, and the rest? How can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf, and the rest?
Milton Friedman quotes: It all would have been much better if individuals saved for their own old age. It all would have been much better if individuals saved for their own old age.
Milton Friedman quotes: Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Milton Friedman quotes: Hell hath no fury like a bureaucrat scorned. Hell hath no fury like a bureaucrat scorned.
Milton Friedman quotes: 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. 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.
Milton Friedman quotes: I would say that in this world, the greatest source of inequality has been special privileges granted by government. I would say that in this world, the greatest source of inequality has been special privileges granted by government.
Milton Friedman quotes: The fall of the Berlin Wall did more for the progress of freedom than all of the books written by myself or Friedrich Hayek or others. The fall of the Berlin Wall did more for the progress of freedom than all of the books written by myself or Friedrich Hayek or others.
Milton Friedman quotes: The euro is good for Europe. But only if there is flexibility all around. The euro is good for Europe. But only if there is flexibility all around.
Milton Friedman quotes: Make the acvocacy of radical causes sufficiently remunerative, and the supply of advocates will be unlimited. Make the acvocacy of radical causes sufficiently remunerative, and the supply of advocates will be unlimited.
Milton Friedman quotes: Complete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest. Complete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest.
Milton Friedman quotes: You must distinguish sharply between being pro free enterprise and being pro business. You must distinguish sharply between being pro free enterprise and being pro business.
Milton Friedman quotes: A society based on the freedom to choose is better than a society based on the principles of socialism, communism and coercion. A society based on the freedom to choose is better than a society based on the principles of socialism, communism and coercion.
Milton Friedman quotes: The price works so well, so efficiently, that we are not aware of it most of the time. The price works so well, so efficiently, that we are not aware of it most of the time.
Milton Friedman quotes: You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do. You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
Milton Friedman quotes: Nothing is so permanent as a temporary government program. Nothing is so permanent as a temporary government program.
Milton Friedman quotes: The excuse for the destruction of liberty is always the plea of necessary ' that there is no alternative The excuse for the destruction of liberty is always the plea of necessary ' that there is no alternative
Milton Friedman quotes: All learning is ultimately self-learning. All learning is ultimately self-learning.
Milton Friedman quotes: There is only one social responsibility of business There is only one social responsibility of business
Milton Friedman quotes: When you argue for free markets, you are arguing against the trend. When you argue for free markets, you are arguing against the trend.
Milton Friedman quotes: The government solution to a problem is usually as bad as the problem. The government solution to a problem is usually as bad as the problem.
Milton Friedman quotes: One man's opportunism is another man's statesmanship. One man's opportunism is another man's statesmanship.
Milton Friedman quotes: And where are you going to get these angels who are going to run society for us? And where are you going to get these angels who are going to run society for us?
Milton Friedman quotes: Inflation is taxation without representation. Inflation is taxation without representation.
Milton Friedman quotes: In a bureaucratic system, useless work drives out useful work. In a bureaucratic system, useless work drives out useful work.
Milton Friedman quotes: Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us. Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.
Milton Friedman quotes: If you cannot state a proposition clearly and unambiguously, you do not understand it. If you cannot state a proposition clearly and unambiguously, you do not understand it.
Milton Friedman quotes: The argument for collectivism is simple; free market is not. The argument for collectivism is simple; free market is not.
Milton Friedman quotes: Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
Milton Friedman quotes: We had much freer trade in the 19th century. We have much less globalization now than we did then. We had much freer trade in the 19th century. We have much less globalization now than we did then.
Milton Friedman quotes: You mustn't judge a politician by talk. You have to judge them by performance. You mustn't judge a politician by talk. You have to judge them by performance.
Milton Friedman quotes: There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves
Milton Friedman quotes: Politicians will always spend every penny of tax raised and whatever else they can get away with. Politicians will always spend every penny of tax raised and whatever else they can get away with.
Milton Friedman quotes: The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system. The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.
Milton Friedman quotes: To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states. To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
Milton Friedman quotes: I think that the Internet is going to be one of the major forces for reducing the role of government. I think that the Internet is going to be one of the major forces for reducing the role of government.
Milton Friedman quotes: One role of prohibition is in making the drug market more lucrative. One role of prohibition is in making the drug market more lucrative.
Milton Friedman quotes: No major institution in the US has so poor a record of performance over so long a period as the Federal Reserve, yet so high a public reputation. No major institution in the US has so poor a record of performance over so long a period as the Federal Reserve, yet so high a public reputation.
Milton Friedman quotes: I believe that the monetary stability is an absolutely critical element in the satisfactory operation of a system. I believe that the monetary stability is an absolutely critical element in the satisfactory operation of a system.
Milton Friedman quotes: If a tax cut increases government revenues, you haven't cut taxes enough. If a tax cut increases government revenues, you haven't cut taxes enough.
Milton Friedman quotes: If you do not force political freedom, economic freedom will be stymied sooner or later. If you do not force political freedom, economic freedom will be stymied sooner or later.
Milton Friedman quotes: A free man will ask neither what his country can do for him nor what he can do for his country. A free man will ask neither what his country can do for him nor what he can do for his country.
Milton Friedman quotes: Every person shall be free to do good ' at his own expense. Every person shall be free to do good ' at his own expense.
Milton Friedman quotes: Society doesn't have values. People have values. Society doesn't have values. People have values.
Milton Friedman quotes: What is not forbidden in Sweden, is obligatory. What is not forbidden in Sweden, is obligatory.
Milton Friedman quotes: The only reason free markets have a ghost of a chance is that they are so much more efficient than any other form of organization. The only reason free markets have a ghost of a chance is that they are so much more efficient than any other form of organization.
Milton Friedman quotes: There's no point in comparing an actual, operating system with an ideal system that doesn't exist. There's no point in comparing an actual, operating system with an ideal system that doesn't exist.
Milton Friedman quotes: The case against a fully independent central bank is strong indeed. The case against a fully independent central bank is strong indeed.
Milton Friedman quotes: The combination of economic and political power in the same hands is a sure recipe for tyranny. The combination of economic and political power in the same hands is a sure recipe for tyranny.
Milton Friedman quotes: The invisible hand in politics operates in the opposite direction to the invisible hand in the market. The invisible hand in politics operates in the opposite direction to the invisible hand in the market.
Milton Friedman quotes: Underlying most arguments against the free market is a lack of belief in freedom itself. Underlying most arguments against the free market is a lack of belief in freedom itself.
Milton Friedman quotes: If freedom were not so economically efficient it certainly wouldn't stand a chance. If freedom were not so economically efficient it certainly wouldn't stand a chance.
Milton Friedman quotes: In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment. In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.
Milton Friedman quotes: Inflation is always and everywhere a monetary phenomenon. Inflation is always and everywhere a monetary phenomenon.
Milton Friedman quotes: Most of the energy of political work is devoted to correcting the effects of mismanagement of government. Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
Milton Friedman quotes: There is no law of conservation which forces the growth of new centers of economic strength to be at the expense of existing centers. There is no law of conservation which forces the growth of new centers of economic strength to be at the expense of existing centers.
Milton Friedman quotes: A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both. A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
Milton Friedman quotes: The case for prohibiting drugs is exactly as strong and as weak as the case for prohibiting people from overeating. The case for prohibiting drugs is exactly as strong and as weak as the case for prohibiting people from overeating.
Milton Friedman quotes: [U]nemployment is ... a side effect of the cure for inflation. [U]nemployment is ... a side effect of the cure for inflation.
Milton Friedman quotes: The most important single central fact about a free market is that no exchange takes place unless both parties benefit. The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
Milton Friedman quotes: Inflation is the one form of taxation that can be imposed without legislation. Inflation is the one form of taxation that can be imposed without legislation.
Milton Friedman quotes: The preservation of freedom is the protective reason for limiting and decentralizing governmental power. The preservation of freedom is the protective reason for limiting and decentralizing governmental power.
Milton Friedman quotes: The way you solve things is by making it politically profitable for the wrong people to do the right thing. The way you solve things is by making it politically profitable for the wrong people to do the right thing.
Milton Friedman quotes: The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force. The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
Milton Friedman quotes: If you pay people not to work and tax them when they do, don't be surprised if you get unemployment. If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.
Milton Friedman quotes: There's nothing that does so much harm as good intentions. There's nothing that does so much harm as good intentions.
Milton Friedman quotes: I am a limited-government libertarian. I am a limited-government libertarian.
Milton Friedman quotes: Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition. Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition.
Milton Friedman quotes: Since the 1930s the technique of buying votes with the voters' own money has been expanded to an extent undreamed of by earlier politicians. Since the 1930s the technique of buying votes with the voters' own money has been expanded to an extent undreamed of by earlier politicians.
Milton Friedman quotes: I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
Milton Friedman quotes: Everywhere, and at all times, economic progress has meant far more to the poor than to the rich. Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.
Milton Friedman quotes: Statistics do not speak for themselves. Statistics do not speak for themselves.
Milton Friedman quotes: [T]he burden of government is not measured by how much it taxes, but by how much it spends. [T]he burden of government is not measured by how much it taxes, but by how much it spends.
Milton Friedman quotes: Inflation is a monetary phenomenon. It is made by or stopped by the central bank. Inflation is a monetary phenomenon. It is made by or stopped by the central bank.
Milton Friedman quotes: You never can cure poverty. Poverty is in the eye of the beholder. You never can cure poverty. Poverty is in the eye of the beholder.
Milton Friedman quotes: Columbus did not seek a new route to the Indies in response to a majority directive. Columbus did not seek a new route to the Indies in response to a majority directive.
Milton Friedman quotes: Never try to walk across a river just because it has an average depth of four feet. Never try to walk across a river just because it has an average depth of four feet.
Milton Friedman quotes: Making prohibition work is like making water run uphill; it's against nature. Making prohibition work is like making water run uphill; it's against nature.
Milton Friedman quotes: The stock market and economy are two different things. The stock market and economy are two different things.
Milton Friedman quotes: I am convinced that the minimum-wage law is the most anti-Negro law on our statute books in its effect, not its intent. I am convinced that the minimum-wage law is the most anti-Negro law on our statute books in its effect, not its intent.
Milton Friedman quotes: Sloppy writing reflects sloppy thinking. Sloppy writing reflects sloppy thinking.
Milton Friedman quotes: The present oil crisis has not been produced by the oil companies. It is a result of government mismanagement exacerbated by the Mideast war. The present oil crisis has not been produced by the oil companies. It is a result of government mismanagement exacerbated by the Mideast war.

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