“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
One of the great mistakes is to judge policies and programs by their intentions rather than their results. — 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
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
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
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
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
You know there are very few Marxists left in the world... they're all in American universities. — Milton Friedman Copy Share Image
Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses… — 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
Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion… — 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
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
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. — Milton Friedman Copy Share Image
If a tax cut increases government revenues, you haven't cut taxes enough. — 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
For one thing, there are many "inventions" that are not patentable. The "inventor" of the supermarket, for example, conferred great benefits on… — 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
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
The future of private enterprise capitalism is also the future of a free society. There is no possibility of having a politically… — 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
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