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Milton Friedman Quotes

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Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and long-term gain for all.  (Milton Friedman Quotes) The Great Depression in the United States was caused - I won’t say caused, was enormously intensified and made far worse than it would have been by bad monetary policy.  (Milton Friedman Quotes) I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.  (Milton Friedman Quotes) One of the great mistakes is to judge policies and programs by their intentions rather than their results.  (Milton Friedman Quotes) 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.  (Milton Friedman Quotes) There is only one social responsibility of business  (Milton Friedman Quotes) Saying it is one thing. Doing it is very different  (Milton Friedman Quotes) If you do not force political freedom, economic freedom will be stymied sooner or later  (Milton Friedman Quotes) One role of prohibition is in making the drug market more lucrative  (Milton Friedman Quotes) Corruption is government intrusion into market efficiencies in the form of regulations  (Milton Friedman Quotes) To really understand something you’ve got to reduce it to its principles  (Milton Friedman Quotes) The great achievements of civilization have not come from government bureaus  (Milton Friedman Quotes) If you cannot state a proposition clearly and unambiguously, you do not understand it  (Milton Friedman Quotes) Concentrated power is not rendered harmless by the good intentions of those who create it  (Milton Friedman Quotes) Underlying most arguments against the free market is a lack of belief in freedom itself  (Milton Friedman Quotes) Inflation is the one form of taxation that can be imposed without legislation  (Milton Friedman Quotes) Making prohibition work is like making water run uphill; it’s against nature  (Milton Friedman Quotes) Economic freedom is... an indispensable means toward the achievement of political freedom  (Milton Friedman Quotes) Humility is the distinguishing virtue of the believer in freedom; arrogance, of the paternalist  (Milton Friedman Quotes) Nobody spends somebody else’s money as carefully as he spends his own  (Milton Friedman Quotes) Political freedom means the absence of coercion of a man by his fellow men  (Milton Friedman Quotes) You must distinguish sharply between being pro free enterprise and being pro business  (Milton Friedman Quotes) A society that puts equality... Ahead of freedom will end up with neither  (Milton Friedman Quotes) A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself  (Milton Friedman Quotes) Rich people are the experimental ground for every new development. The nature of progress is that what begins as a luxury for the rich becomes a necessity for the poor as it’s developed and passed on  (Milton Friedman Quotes) You mustn’t judge a politician by talk. You have to judge them by performance  (Milton Friedman Quotes) And where are you going to get these angels who are going to run society for us?  (Milton Friedman Quotes) We don’t have a desperate need to grow. We have a desperate desire to grow  (Milton Friedman Quotes) What would the people who sold us goods do with the money? They’d get dollars. What would they do with the dollars? Eat them?!  (Milton Friedman Quotes) In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment  (Milton Friedman Quotes)
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