World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them… — Milton Friedman Copy Share Image
It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against… — Milton Friedman Copy Share Image
I would say that in this world, the greatest source of inequality has been special privileges granted by government. — Milton Friedman Copy Share Image
If freedom led to wider inequality, I would prefer that to a world in which I got artificial equality at the expense… — 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
The problem in this world is to avoid concentration of power - we must have a dispersion of power. — Milton Friedman Copy Share Image
The rule of law does not guarantee freedom, since general law as well as personal edicts can be tyrannical. But increasing reliance… — Milton Friedman Copy Share Image
Germany has a very able and productive workforce. It has high-quality products that are valued all over the world. It has every… — Milton Friedman Copy Share Image
Government power must be dispersed. If government is to exercise power, better in the county than in the state, better in the… — Milton Friedman Copy Share Image
The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home… — Milton Friedman Copy Share Image
Socialism, in the traditional sense, meant government ownership and operation of the means of production. Outside of North Korea and a couple… — 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
My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there… — Milton Friedman Copy Share Image
The collapse of communism in essence added tens and tens of millions of people to the world labor supply, and the people… — 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
We have a freer world because of the collapse of the Soviet Union and the changes in China. Those two have been… — Milton Friedman Copy Share Image
You can travel from one end of the industrialized world to the other and almost the only people you will find engaging… — Milton Friedman Copy Share Image
The problem is that, in a world of floating exchange rates, as Italy was before the euro, if one country is subjected… — Milton Friedman Copy Share Image
. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in… — 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