Milton Friedman Quotes & Quotations
   

 
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Milton Friedman
 
Date of birth: 31 July 1912
Date of death: 16 November 2006
Country Of Origin: America
Profession:

Economist

Intellectual

Biography:
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Approached topics: harm problem work belief

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Milton Friedman quotes

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Milton Friedman quotes
" A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. "

Milton Friedman
" Concentrated power is not rendered harmless by the good intentions of those who create it. "

Milton Friedman
" Governments never learn. Only people learn. "

Milton Friedman
" Hell hath no fury like a bureaucrat scorned. "

Milton Friedman
" History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. "

Milton Friedman
" I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. "

Milton Friedman
" I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal. "

Milton Friedman
" Inflation is the one form of taxation that can be imposed without legislation. "

Milton Friedman
" Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. "

Milton Friedman
" Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property. "

Milton Friedman
" Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. "

Milton Friedman
" The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people. "

Milton Friedman
" The government solution to a problem is usually as bad as the problem. "

Milton Friedman
" The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. "

Milton Friedman
" The most important single central fact about a free market is that no exchange takes place unless both parties benefit. "

Milton Friedman
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