Best Milton Friedman Quotations
- I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33,… Acts
- So long as large sums of money are involved - and they are bound to be if drugs are illegal - it is literally impossible… Bound
- Our emphasis here is based not only on the growing seriousness of drug-related crimes, but also on the belief that relieving our police and our… Activity
- Political freedom means the absence of coercion of a man by his fellow men. Absence
- How can we keep the government we create from becoming a Frankenstein that will destroy the very freedom we establish it to protect? Freedom is… Becoming
- I know of no example in time or place of a society that has been marked by a large measure of political freedom, and that… Activity
- The Great Depression in the United States, far from being a sign of the inherent instability of the private enterprise system, is a testament to… Country
- You know there are very few Marxists left in the world... they're all in American universities. All
- The problem in this world is to avoid concentration of power - we must have a dispersion of power. Avoid
- There are severe limits to the good that the government can do for the economy, but there are almost no limits to the harm it… Economy
- Pick at random any three letters from the alphabet, put them in any order, and you will have an acronym designating a federal agency we… Acronym
- The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important, the free market… Body
- The government doesn't have any money. The only power it has is to take from some and give to others. Any
- Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with. Deficit
- The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are… Groups
- You could not possibly maintain the current level of government taxation without the taxes being hidden, and they are hidden in two very different ways.… Business
- I think a major reason why intellectuals tend to move towards collectivism is that the collectivist answer is a simple one. If there's something wrong,… Answer
- The argument for collectivism is simple if false; it is an immediate emotional argument. The argument for individualism is subtle and sophisticated; it is an… Argument
- Drugs are a tragedy for addicts. But criminalizing their use converts that tragedy into a disaster for society, for users and non-users alike. Our experience… Addict
- The case against a fully independent central bank is strong indeed. Bank
- Since the 1930s the technique of buying votes with the voters' own money has been expanded to an extent undreamed of by earlier politicians. Been
- The heart of the liberal philosophy is a belief in the dignity of the individual, in his freedom to make the most of his capacities… According
- ...Only physicians are likely to be regarded as competent to judge the qualifications of potential physicians, so licensing boards in the various states...are typically composed..of… Admitted
- The Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead… Been
- If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention. This is an… Accept
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