If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher… — Milton Friedman Copy Share Image
Italy may well be the main problem. It has benefited most from the euro by having been able to get the euro… — Milton Friedman Copy Share Image
What works for Sweden wouldn't work for France or Germany or Italy. In a small state, you can reach outside for many… — 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
If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the… — Milton Friedman Copy Share Image
You can only make money if you buy a product, whatever it is - maybe a currency, maybe wheat and maybe something… — Milton Friedman Copy Share Image
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with. — Milton Friedman Copy Share Image
I think it's a scandal what has been happening in the school system so far as lower income classes. The dropout rates,… — Milton Friedman Copy Share Image
The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the… — 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
