"The long-range sloution to high unemployment is to……" — Milton Friedman
"The long-range sloution to high unemployment is to increase the incentive for ordinary people to save, invest, work, and employ others. We make it costly for employers to employ people; we subsidize people not to go to work We have a system that increasingly taxes work and subsidizes nonwork."
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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 Costly Quotes
This quote is filed under Costly Quotes,
one of 221 quotes in that category. Here are a few more:
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Although most products will soon be too costly to purchase, there will be a thriving market in the sale of…
— Norman Ralph Augustine
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Morality is a private and costly luxury.
— Henry Adams
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Although it was created with the best of intentions, the federal government's Renewable Fuel Standard (RFS) program has become one…
— Bob Beauprez
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But make no mistake, the President will find in our new majority the voice of the American people as they've…
— John Boehner
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Over the past few years, the road to confrontation has shown its consequences: loss of innocent lives, destruction and fear.…
— Abdallah II
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If delight may provoke men's labour, what greater delights is there then to behold the earth as apparelled with plants,…
— Unknown Author
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When enough Americans realize how rotten are the fruits of our policy of 'benign neglect,' how costly our prejudice is…
— John Howard Griffin
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I do see that there is an argument against suicide: the grief of the worshipers left behind, the awful famine…
— Mark Twain
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Pride requires very costly food-its keeper's happiness.
— Charles Caleb Colton
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O sleep! O gentle sleep! Nature's soft nurse, how have I frighted thee, That thou no more wilt weigh my…
— William Shakespeare
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God's grace and forgiveness, while free to the recipient, are always costly for the giver..
— Timothy Keller
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Drastic action can be costly, but it can be less expensive than continuing inaction.
— Richard Neustadt
See all 221 Costly Quotes »