Subsistence Level Quotes by Milton Friedman

More Quotes by Milton Friedman

Milton Friedman has 196 quotes on this site. A few more worth reading:

• When a private enterprise fails, it is closed down; when a government enterprise fails, it is expanded. Isn't that exactly what's been…
• Legalizing drugs would simultaneously reduce the amount of crime and raise the quality of law enforcement. Can you conceive of any other…
• My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there…
• Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself ... Economic…
• Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction,…
• Whenever we depart from voluntary cooperation and try to do good by using force, the bad moral value of force triumphs over…
• The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
• The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited,…
• Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion…
• Self-interest is not myopic selfishness. It is whatever it is that interests the participants, whatever they value, whatever goals they pursue. The…
• The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest.…
• A society based on the freedom to choose is better than a society based on the principles of socialism, communism and coercion.

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