". . . it is worth discussing radical……" — Milton Friedman
". . . it is worth discussing radical changes, not in the expectation that they will be adopted promptly but for two other reasons. One is to construct an ideal goal, so that incremental changes can be judged by whether they move the institutional structure toward or away from that ideal. The other reason is very different. It is so that if a crisis requiring or facilitating radical change does arise, alternatives will be available that have been carefully developed and fully explored."
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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 Adopted Quotes
This quote is filed under Adopted Quotes,
one of 328 quotes in that category. Here are a few more:
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That the state of knowledge in any country will exert a directive influence on the general system of instruction adopted…
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The uniform makes for brotherhood, since when universally adopted it covers up all differences of class and country.
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The prejudices of ignorance are more easily removed than the prejudices of interest; the first are all blindly adopted, the…
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The making of an American begins at the point where he himself rejects all other ties, any other history, and…
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this last establishment will probably be within a mile of Charlottesville, and four from Monticello, if the system should be…
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