"Governments never learn. Only people learn." — Milton Friedman
"Governments never learn. Only people learn."
—
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 Economics Quotes
This quote is filed under Economics Quotes,
one of 1,329 quotes in that category. Here are a few more:
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Many individuals are doing what they can. But real success can only come if there is a change in our…
— David Attenborough
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All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics…
— Michele Bachmann
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Everyone wants to live at the expense of the state. They forget that the state wants to live at the…
— Frederic Bastiat
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Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.
— Frederic Bastiat
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They will come to learn in the end, at their own expense, that it is better to endure competition for…
— Frederic Bastiat
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Often the masses are plundered and do not know it.
— Frederic Bastiat
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I beg you, look for the words 'social justice' or 'economic justice' on your church Web site. If you find…
— Glenn Beck
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I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions,…
— Ben Bernanke
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Ignorance is an evil weed, which dictators may cultivate among their dupes, but which no democracy can afford among its…
— William Beveridge
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Corporation: An ingenious device for obtaining profit without individual responsibility.
— Ambrose Bierce
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And I know this happens because I took economics, and I'd explain it to ya, but I flunked that course.…
— Lewis Black
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Because things are the way they are, things will not stay the way they are.
— Bertolt Brecht
See all 1,329 Economics Quotes »