Best Milton Friedman Words
- The most unresolved problem of the day is precisely the problem that concerned the founders of this nation: how to limit the scope and power… Concerned
- [T]he burden of government is not measured by how much it taxes, but by how much it spends. Burden
- . . . it is worth discussing radical changes, not in the expectation that they will be adopted promptly but for two other reasons. One… Adopted
- A real gold standard is thoroughly consistent with [classical] liberal principles and I, for one, am entirely in favor of measures promoting its development. Classical
- I do not believe there is a natural resource economics. I believe there is good economics and bad economics. Bad
- The present oil crisis has not been produced by the oil companies. It is a result of government mismanagement exacerbated by the Mideast war. Been
- How can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf, and the rest? Believe
- By encouraging men to spy and report on one another, by making it in the private interest of large numbers of citizens to evade the… Action
- Individual price and wage changes will not be prevented. In the main, price changes will simply be concealed by taking the form of changes in… Changes
- It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic… Allocation
- People who intend only to serve public interest are led by invisible hand to private interest which was no part of their intention. Hand
- Only a crisis—actual or perceived—produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. Action
- You must distinguish sharply between being pro free enterprise and being pro business. Business
- It is my view that what is important is cutting government spending, however spending is financed. A so-called deficit is a disguised and hidden form… Burden
- The way you solve things is by making it politically profitable for the wrong people to do the right thing. Making
- So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much… Activities
- The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet… Been
- If even a small fraction of the money we now spend on trying to enforce drug prohibition were devoted to treatment and drug rehabilitation, in… Atmosphere
- What does it mean to say that government might have a responsibility? Government can't have a responsibility any more than the business can. The only… Any
- There is only one social responsibility of business Business
- If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand. Charge
- So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the… Absolutely
- We have a system that increasingly taxes work and subsidizes nonwork. Conservative
- The government solution to a problem is usually as bad as the problem. Bad
- Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. Combination
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