Argument Quote by Milton Friedman

“The strongest argument for free enterprise is that it prevents anybody from having too much power. Whether that person is a government official, a trade union official, or a business executive. If forces them to put up or shut up. They either have to deliver the goods, produce something that people are willing to pay for, are willing to buy, or else they have to go into a different business.”

Milton Friedman

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More by Milton Friedman

The government solution to a problem is usually as bad as the problem.

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I believe the role that people like myself have played in the transformation of public opinion has been by persistently presenting a different point…

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To really understand something you've got to reduce it to its principles.

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It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the…

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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces…

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“The people in one district can choose not to reelect their member of Congress, but that will not change the composition of the government…

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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

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The government doesn't have any money. The only power it has is to take from some and give to others.

Milton Friedman

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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?!

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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

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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…

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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…

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