"Economics has become increasingly an arcane branch of……" — Milton Friedman
"Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems."
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Milton Friedman
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195 Quotes by Milton Friedman
Milton Friedman has 195 quotes on this site.
A few more worth reading:
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When a private enterprise fails, it is closed down; when a government enterprise fails, it is expanded. Isn't that exactly…
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Legalizing drugs would simultaneously reduce the amount of crime and raise the quality of law enforcement. Can you conceive of…
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My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving…
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Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself…
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or…
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Whenever we depart from voluntary cooperation and try to do good by using force, the bad moral value of force…
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The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society…
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The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people,…
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Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use…
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Self-interest is not myopic selfishness. It is whatever it is that interests the participants, whatever they value, whatever goals they…
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The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of…
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A society based on the freedom to choose is better than a society based on the principles of socialism, communism…
See all 195 quotes by Milton Friedman »
More Arcane Quotes
This quote is filed under Arcane Quotes,
one of 34 quotes in that category. Here are a few more:
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The more passive one's life in the field, the greater the need to reverse the situation when one returns home,…
— Michael Jackson
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People are entirely too disbelieving of coincidence. They are far too ready to dismiss it and to build arcane structures…
— Isaac Asimov
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Amanda Petrusich’s fascinating and insightful journey into the arcane netherworld of 78 records and its bring-‘em-back-alive collectors brims with the…
— Lenny Kaye
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The quantum theory of parallel universes is not the problem, it is the solution. It is not some troublesome, optional…
— David Deutsch
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Some string theorists prefer to believe that string theory is too arcane to be understood by human beings, rather than…
— Lee Smolin
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The law can seem remote, arcane, the stuff of specialists. But it isn't, because for those of us who live…
— Shereen El Feki
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I didn't expect to love being online as much as I do. I've met some wonderful people and discovered that…
— Sara Sheridan
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One of the leading uses of photography by the mass media came to be called photojournalism. From the late 'twenties'…
— John Szarkowski
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True literacy is becoming an arcane art and the nation [United States] is steadily dumbing down.
— Isaac Asimov
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The Devil' is, historically, the God of any people that one personally dislikes... This serpent, SATAN, is not the enemy…
— Aleister Crowley
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Then all at once in late August's heat, tall leafless stalks crowned with iridescent pink and purple blossoms burst from…
— Duane Michals
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Do not be taken in by 'insiderisms.' Fledgling columnists, eager to impress readers with their grasp of journalistic jargon, are…
— William Safire
See all 34 Arcane Quotes »