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
The present oil crisis has not been produced by the oil companies. It is a result of government mismanagement exacerbated by the… — Milton Friedman Copy Share Image
I say thank God for government waste. If government is doing bad things, it's only the waste that prevents the harm from… — Milton Friedman Copy Share Image
There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves — 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
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
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. — Milton Friedman Copy Share Image
How can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf,… — Milton Friedman Copy Share Image
It's a moral problem that the government is making into criminals people, who may be doing something you and I don't approve… — Milton Friedman Copy Share Image
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of… — Milton Friedman Copy Share Image
Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the… — Milton Friedman Copy Share Image
In the current world, with the skills needed, dropouts [like no secondary education] are condemned to being members of the underclass. In… — Milton Friedman Copy Share Image
What does it mean to say that government might have a responsibility? Government can't have a responsibility any more than the business… — 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
“Is it really true that political self-interest is nobler somehow than economic self-interest? . . . And just tell me where in… — Milton Friedman Copy Share Image
They think that the cure to big government is to have bigger government... the only effective cure is to reduce the scope… — Milton Friedman Copy Share Image
There is no logical basis for the prohibition of marijuana. $7.7 billion is a lot of money, but that is one of… — 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
"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
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
I want people to take thought about their condition and to recognize that the maintainence of a free society is a very… — 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
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
Only a crisis - actual or perceived - produces real change. When that crisis occurs, the actions that are taken depend on… — Milton Friedman Copy Share Image
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand. — Milton Friedman Copy Share Image
The great achievements of civilization have not come from government bureaus. — Milton Friedman Copy Share Image
A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood… — Milton Friedman Copy Share Image
There are severe limits to the good that the government can do for the economy, but there are almost no limits to… — Milton Friedman Copy Share Image
Most of the energy of political work is devoted to correcting the effects of mismanagement of government. — Milton Friedman Copy Share Image
One of the reasons that I am in favor of less government is because when you have more government, industrialists take it… — Milton Friedman Copy Share Image
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. — Milton Friedman Copy Share Image
You mustn't judge a politician by talk. You have to judge them by performance. — Milton Friedman Copy Share Image
The combination of economic and political power in the same hands is a sure recipe for tyranny. — Milton Friedman Copy Share Image
One of the great mistakes is to judge policies and programs by their intentions rather than their results. — Milton Friedman Copy Share Image
The big problem for a democratic government - democrat with a small "d" - is how to hold down government spending. — 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
Anything that government can do, private enterprise can do for half the cost. — Milton Friedman Copy Share Image
Politicians will always spend every penny of tax raised and whatever else they can get away with. — 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,… — Milton Friedman Copy Share Image
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't… — 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