World Quotes by Milton Friedman

My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there…

— Milton Friedman

You know there are very few Marxists left in the world... they're all in American universities.

— Milton Friedman

The problem in this world is to avoid concentration of power - we must have a dispersion of power.

— Milton Friedman

I would say that in this world, the greatest source of inequality has been special privileges granted by government.

— Milton Friedman

We have a freer world because of the collapse of the Soviet Union and the changes in China. Those two have been…

— Milton Friedman

It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against…

— Milton Friedman

In the current world, with the skills needed, dropouts [like no secondary education] are condemned to being members of the underclass. In…

— Milton Friedman

If freedom led to wider inequality, I would prefer that to a world in which I got artificial equality at the expense…

— Milton Friedman

. . I think the Adam Smith role was played in this cycle i.e. the late twentieth century collapse of socialism in…

— Milton Friedman

Socialism, in the traditional sense, meant government ownership and operation of the means of production. Outside of North Korea and a couple…

— Milton Friedman

You can travel from one end of the industrialized world to the other and almost the only people you will find engaging…

— Milton Friedman

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

World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them…

— Milton Friedman

The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home…

— Milton Friedman

The rule of law does not guarantee freedom, since general law as well as personal edicts can be tyrannical. But increasing reliance…

— Milton Friedman

Government power must be dispersed. If government is to exercise power, better in the county than in the state, better in the…

— Milton Friedman

The problem is that, in a world of floating exchange rates, as Italy was before the euro, if one country is subjected…

— Milton Friedman

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

The collapse of communism in essence added tens and tens of millions of people to the world labor supply, and the people…

— Milton Friedman