Is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China… — 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
People hired by government know who is their benefactor. People who lose their jobs or fail to get them because of the… — Milton Friedman Copy Share Image
You will find that hardly a soul who will say that it was a bad thing. Almost everybody will say it was… — 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 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
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 know of no example in time or place of a society that has been marked by a large measure of political… — Milton Friedman Copy Share Image
Now that I'm 60, every morning I look in the mirror and say, "I don't know who you are, stranger, but I'm… — 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
Economists may not know much. But we know one thing very well: how to produce surpluses and shortages. Do you want a… — Milton Friedman Copy Share Image
Political leaders in capitalist countries who cheer the collapse of socialism in other countries continue to favor socialist solutions in their own.… — Milton Friedman Copy Share Image
You know there are very few Marxists left in the world... they're all in American universities. — Milton Friedman Copy Share Image
I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the… — Milton Friedman Copy Share Image
Economists may not know how to run the economy, but they know how to create shortages or gluts simply by regulating prices… — 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 benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible.… — 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