“The power to do good is also the power to do harm.”
Power
“The power to do good is also the power to do harm.”
PowerAll Quotes by Milton Friedman
“Governments never learn. Only people learn.”
Government“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.”
Freedom“Concentrated power is not rendered harmless by the good intentions of those who create it.”
Good“Nothing is so permanent as a temporary government program.”
Government“The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.”
Architecture“I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.”
Finance“The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.”
Government“The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.”
Freedom“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.”
Government“The government solution to a problem is usually as bad as the problem.”
Government“History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.”
Freedom“Hell hath no fury like a bureaucrat scorned.”
Politics“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.”
Government“So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.”
Government“Most of the energy of political work is devoted to correcting the effects of mismanagement of government.”
Government“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”
Government“Inflation is taxation without legislation.”
Finance“The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.”
Government“The only relevant test of the validity of a hypothesis is comparison of prediction with experience.”
Experience