"I am myself persuaded, on the basis of……" — Milton Friedman
"I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements."
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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 Acts Quotes
This quote is filed under Acts Quotes,
one of 1,679 quotes in that category. Here are a few more:
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The ultimate end of human acts is eudaimonia, happiness in the sense of living well, which all men desire; all…
— Hannah Arendt
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Moral excellence comes about as a result of habit. We become just by doing just acts, temperate by doing temperate…
— Aristotle
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The act of dying is one of the acts of life.
— Marcus Aurelius
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Accustom yourself continually to make many acts of love, for they enkindle and melt the soul.
— Teresa of Avila
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What matters is to live in the present, live now, for every moment is now. It is your thoughts and…
— Sai Baba
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We live in deeds, not years; in thoughts, not figures on a dial. We should count time by heart throbs.…
— Philip James Bailey
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A speculator is a man who observes the future, and acts before it occurs.
— Bernard Baruch
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Courage that grows from constitution often forsakes a man when he has occasion for it; courage which arises from a…
— Joseph Addison
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The real 'action' in the liturgy in which we are all supposed to participate is the action of God himself.…
— Pope Benedict XVI
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Every individual acts and suffers in accordance with his peculiar teleology, which has all the inevitability of fate, so long…
— Alfred Adler
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He who desires, but acts not, breeds pestilence.
— William Blake
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Most recently, terrorist forces have captured Israeli soldiers and fired rockets into Israeli cities - both unprovoked. These acts of…
— John Boehner
See all 1,679 Acts Quotes »