Important Quotes by Milton Friedman

The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important,…

— Milton Friedman

Americans know very little about social statistics, but I am not sure that it's important that Americans know about social statistics.

— Milton Friedman

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

The most important ways in which I think the Internet will affect the big issue is that it will make it more…

— Milton Friedman

The most important single central fact about a free market is that no exchange takes place unless both parties benefit.

— Milton Friedman

I'd like to promote lots of things. I'd like to promote elimination of drug prohibition. I'd like to promote parental choice in…

— Milton Friedman

I do not believe that the solution to our problem is simply to elect the right people. The important thing is to…

— Milton Friedman

I think that nothing is so important for freedom as recognizing in the law each individual’s natural right to property, and giving…

— Milton Friedman

The important issue is not how much inequality there is but how much opportunity there is for individuals to get out of…

— Milton Friedman

The preservation of liberty, not the promotion of efficiency, is the primary justification for private property. Efficiency is a happy, though not…

— Milton Friedman

Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more…

— Milton Friedman

If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention.…

— Milton Friedman

Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or…

— Milton Friedman

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

Doing good with other people's money has two basic flaws. In the first place, you never spend anybody else's money as carefully…

— Milton Friedman

I cannot disagree with you that having something like 500 economists is extremely unhealthy. As you say, it is not conducive to…

— Milton Friedman

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

It is my view that what is important is cutting government spending, however spending is financed. A so-called deficit is a disguised…

— Milton Friedman