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 Copy Share Image
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more… — Milton Friedman Copy Share Image
Americans know very little about social statistics, but I am not sure that it's important that Americans know about social statistics. — Milton Friedman Copy Share Image
I cannot disagree with you that having something like 500 economists is extremely unhealthy. As you say, it is not conducive to… — Milton Friedman Copy Share Image
The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important,… — 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
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 Copy Share Image
I do not believe that the solution to our problem is simply to elect the right people. The important thing is to… — 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
The most important ways in which I think the Internet will affect the big issue is that it will make it more… — 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
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 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 think that nothing is so important for freedom as recognizing in the law each individual’s natural right to property, and giving… — 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
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 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 most important single central fact about a free market is that no exchange takes place unless both parties benefit. — 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
