I believe the role that people like myself have played in the transformation of public opinion has been by persistently presenting a… — Milton Friedman Copy Share Image
It is true that a competitive market is not the whole of society. A great deal depends on the qualities of the… — 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
Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition. — Milton Friedman Copy Share Image
What you have as a result of past policies is that German entrepreneurs go outside of Germany for many of their activities.… — Milton Friedman Copy Share Image
The only reason free markets have a ghost of a chance is that they are so much more efficient than any other… — Milton Friedman Copy Share Image
"Free markets" is a very general term. There are all sorts of problems that will emerge. Free markets work best when the… — Milton Friedman Copy Share Image
The stock market crashed in October 1929. But that was not the cause of what caused the Great Depression. It was, in… — Milton Friedman Copy Share Image
The difference between me and people like Murray Rothbard is that, though I want to know what my ideal is, I think… — Milton Friedman Copy Share Image
The great virtue of a free market system is that it does not care what color people are; it does not care… — Milton Friedman Copy Share Image
There is no other complex field in our society in which do-it-yourself beats out factory production or market production. Nobody makes his… — Milton Friedman Copy Share Image
The invisible hand in politics operates in the opposite direction to the invisible hand in the market. — Milton Friedman Copy Share Image
[T]he burden of government is not measured by how much it taxes, but by how much it spends. — 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 argument for the free market is a complicated and sophisticated one and depends on demonstration of secondary effects. I have confidence… — Milton Friedman Copy Share Image
Corruption is government intrusion into market efficiencies in the form of regulations. — 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
There's only one thing that all of the central banks control and that is the base, their own liability, and they can… — Milton Friedman Copy Share Image
The Internet moves us closer to "perfect information" on markets. Individuals and companies alike can buy and sell across borders and jurisdictions… — Milton Friedman Copy Share Image
The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both… — 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
“From this standpoint, the role of the market, as already noted, is that it permits unanimity without conformity; that it is a… — 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
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