"It is a mark of how far we……" — Milton Friedman
"It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis."
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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 Allocation Quotes
This quote is filed under Allocation Quotes,
one of 31 quotes in that category. Here are a few more:
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It's not about having a specific set time; both personal and professional lives are 24/7. It's simply, more about making…
— Ellen J. Kullman
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A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial…
— Unknown Author
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We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of…
— Ludwig von Mises
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Scientific culture created a framework within which individual mobility was possible without threatening hierarchical work-force allocation. On the contrary, meritocracy…
— Immanuel Wallerstein
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The Democratic Party opposes tax cuts but it cannot say so publicly. Thus, it is forced to support the idea…
— Dick Morris
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We didn't actually overspend our budget. The health Commission allocation simply fell short of our expenditure.
— Frank Howard Clark
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Now with the allocation and the understanding of the lack of understanding, we enter into a new era of science…
— Reggie Watts
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The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to…
— Ray Dalio
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The court has had to take a hard look at our resources and make difficult decisions balancing competing demands for…
— Unknown Author
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I assume, gladly, that in the allocation to America of remarkable leaders like Thomas Jefferson, George Washington, and Abraham Lincoln,…
— Neal A. Maxwell
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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase…
— Warren Buffett
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Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means…
— Jack Welch
See all 31 Allocation Quotes »