You know there are very few Marxists left in the world... they're all in American universities. — Milton Friedman Copy Share Image
A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood… — 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
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
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
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
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
China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in… — Milton Friedman Copy Share Image
George Stigler was a delightful correspondent. In a letter from London in 1948, after remarking on the inconvertibility of the pound and… — 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
What most people really object to when they object to a free market is that it is so hard for them to… — Milton Friedman Copy Share Image
“A major source of objection to a free economy is precisely that it ... gives people what they want instead of what… — Milton Friedman Copy Share Image
Germany cannot get out of the euro. What it has to do, therefore, is make the economy more flexible - to eliminate… — Milton Friedman Copy Share Image
Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in… — Milton Friedman Copy Share Image
Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should… — Milton Friedman Copy Share Image
Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy,… — 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
