When you start paying people to be poor, you wind up with an awful lot of poor people. — Milton Friedman Copy Share Image
If a tax cut increases government revenues, you haven't cut taxes enough. — Milton Friedman Copy Share Image
You know there are very few Marxists left in the world... they're all in American universities. — Milton Friedman Copy Share Image
History suggests that capitalism is a necessary condition for political freedom — Milton Friedman Copy Share Image
One of the great mistakes is to judge policies and programs by their intentions rather than their results. — Milton Friedman Copy Share Image
I do not believe there is a natural resource economics. I believe there is good economics and bad economics. — Milton Friedman Copy Share Image
There are severe limits to the good that the government can do for the economy, but there are almost no limits to… — Milton Friedman Copy Share Image
Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems. — Milton Friedman Copy Share Image
I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money… — Milton Friedman Copy Share Image
The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is… — Milton Friedman Copy Share Image
A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against… — Milton Friedman Copy Share Image
Everywhere, and at all times, economic progress has meant far more to the poor than to the rich. — Milton Friedman Copy Share Image
When government - in pursuit of good intentions - tries to rearrange the economy, legislate morality, or help special interests, the cost… — Milton Friedman Copy Share Image
Political leaders in capitalist countries who cheer the collapse of socialism in other countries continue to favor socialist solutions in their own.… — Milton Friedman Copy Share Image
What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which… — Milton Friedman Copy Share Image
A private enterprise system needs some measuring rod, it needs something, it needs money to make its transactions. You can't run a… — Milton Friedman Copy Share Image
“The great achievements of western capitalism have rebounded primarily to the benefit of the ordinary person. These achievements have made available to… — Milton Friedman Copy Share Image
Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction,… — Milton Friedman Copy Share Image
The great virtue of a free market system is that it does not care what color people are; it does not care… — Milton Friedman Copy Share Image
“There is one and only one social responsibility of business–to use it resources and engage in activities designed to increase its profits… — Milton Friedman Copy Share Image
Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or… — Milton Friedman Copy Share Image
The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic… — Milton Friedman Copy Share Image
All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come… — Milton Friedman Copy Share Image
The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home… — Milton Friedman Copy Share Image
If capitalism worked as the socialists think an economic system ought to work, and provided a constant equality of living conditions for… — Milton Friedman Copy Share Image
“This plea comes from the bottom of my heart. Every friend of freedom, and I know you are one, must be as… — Milton Friedman Copy Share Image
Keynes was a great economist. In every discipline, progress comes from people who make hypotheses, most of which turn out to be… — Milton Friedman Copy Share Image
“Fundamentally, there are only two ways of co-ordinating the economic activities of millions. One is central direction involving the use of coercion—the… — Milton Friedman Copy Share Image
“Well first of all, tell me: Is there some society you know that doesn’t run on greed? You think Russia doesn’t run… — Milton Friedman Copy Share Image
“The ICC [Interstate Commerce Commission] illustrates what might be called the natural history of government intervention. A real or fancied evil leads… — Milton Friedman Copy Share Image
What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page,… — Milton Friedman Copy Share Image
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. — Milton Friedman Copy Share Image
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree… — Milton Friedman Copy Share Image
Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the… — Milton Friedman Copy Share Image
Positive economics is in principle independent of any particular ethical position or normative judgment...In short, positive economics is or can be an… — Milton Friedman Copy Share Image
Economists may not know how to run the economy, but they know how to create shortages or gluts simply by regulating prices… — Milton Friedman Copy Share Image
The government solution to a problem is usually as bad as the problem. — Milton Friedman Copy Share Image
I believe the role that people like myself have played in the transformation of public opinion has been by persistently presenting a different point… — Milton Friedman Copy Share Image
To really understand something you've got to reduce it to its principles. — Milton Friedman Copy Share Image
It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the… — Milton Friedman Copy Share Image
Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces… — Milton Friedman Copy Share Image
“The people in one district can choose not to reelect their member of Congress, but that will not change the composition of the government… — Milton Friedman Copy Share Image
When you have a time of crisis what happens depends on what ideas are floating around, and what ideas have been developed, and thought… — Milton Friedman Copy Share Image
The government doesn't have any money. The only power it has is to take from some and give to others. — Milton Friedman Copy Share Image
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 Copy Share Image
World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them to have… — Milton Friedman Copy Share Image
Is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run… — Milton Friedman Copy Share Image
Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on… — Milton Friedman Copy Share Image