The euro is good for Europe. But only if there is flexibility all around. — Milton Friedman Copy Share Image
If you do not force political freedom, economic freedom will be stymied sooner or later. — Milton Friedman Copy Share Image
If freedom were not so economically efficient it certainly wouldn't stand a chance. — Milton Friedman Copy Share Image
If you pay people not to work and tax them when they do, don't be surprised if you get unemployment. — Milton Friedman Copy Share Image
If you cannot state a proposition clearly and unambiguously, you do not understand it. — Milton Friedman Copy Share Image
If a tax cut increases government revenues, you haven't cut taxes enough. — Milton Friedman Copy Share Image
If China don't free up the political side, its economic growth will come to an end - while it is still at… — Milton Friedman Copy Share Image
It all would have been much better if individuals saved for their own old age. — Milton Friedman Copy Share Image
If even a small fraction of the money we now spend on trying to enforce drug prohibition were devoted to treatment and… — Milton Friedman Copy Share Image
I think a major reason why intellectuals tend to move towards collectivism is that the collectivist answer is a simple one. If… — Milton Friedman Copy Share Image
As a nation, we have been responsible for the murder of literally hundreds of thousands of people at home and abroad by… — Milton Friedman Copy Share Image
The evidence of history speaks with a single voice. I do not know any exception to the proposition that if you compare… — 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
So long as large sums of money are involved - and they are bound to be if drugs are illegal - it… — Milton Friedman Copy Share Image
If freedom led to wider inequality, I would prefer that to a world in which I got artificial equality at the expense… — Milton Friedman Copy Share Image
On aging societies, there is no reason why a country that has a lot of old people can't be prosperous if, during… — Milton Friedman Copy Share Image
The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a… — Milton Friedman Copy Share Image
If you have free immigration, in the way we had it before 1914, everybody benefited. The people who were here benefited. The… — 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
If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange… — Milton Friedman Copy Share Image
If the government is to try and ban private consumption of alcohol and tobacco, it must surely ban such activities as hang-gliding,… — Milton Friedman Copy Share Image
Because it is one thing to have free immigration to jobs. It is another thing to have free immigration to welfare. And… — 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
If instead of looking at income, you look at levels of consumption, if anything that's become more equal. The fraction of families… — Milton Friedman Copy Share Image
The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited,… — Milton Friedman Copy Share Image
The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest.… — Milton Friedman Copy Share Image
If you really want to engage in policy activity, don't make that your vocation. Make it your avocation. Get a job. Get… — Milton Friedman Copy Share Image
The preservation of liberty, not the promotion of efficiency, is the primary justification for private property. Efficiency is a happy, though not… — Milton Friedman Copy Share Image
If the only motive was to help people who could not afford education, advocates of government involvement would have simply proposed tuition… — Milton Friedman Copy Share Image
The true test of any scholar's work is not what his contemporaries say, but what happens to his work in the next… — Milton Friedman Copy Share Image
The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited,… — Milton Friedman Copy Share Image
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
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
Undoubtedly Internet has reduced the possibilities of taxation. Why should I buy something here if I can buy it from a company… — Milton Friedman Copy Share Image
I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned… — Milton Friedman Copy Share Image
Hong Kong is the bellwether. If the Chinese stick to their agreement to let Hong Kong go its own path, then China… — Milton Friedman Copy Share Image
The central banks cannot control interest rates. That's a mistake. They can control a particular rate, such as the Federal Funds rate,… — Milton Friedman Copy Share Image
If we have system in which government is in a position to give large favor - it's human nature to try to… — Milton Friedman Copy Share Image
The important issue is not how much inequality there is but how much opportunity there is for individuals to get out of… — Milton Friedman Copy Share Image
If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention.… — 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
To really understand something you've got to reduce it to its principles. — Milton Friedman Copy Share
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
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
“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
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
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
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
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
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
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
I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior. — Milton Friedman Copy Share
It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability.… — Milton Friedman Copy Share
Hong Kong is the bellwether. If the Chinese stick to their agreement to let Hong Kong go its own path, then China will also… — Milton Friedman Copy Share
