“Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?”
Society
“The power to do good is also the power to do harm.”
PowerAll Quotes by Milton Friedman
“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 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“Hell hath no fury like a bureaucrat scorned.”
Politics“Governments never learn. Only people learn.”
Government“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”
Government“Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.”
Knowledge“Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.”
Government“The power to do good is also the power to do harm.”
Power“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 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“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“Underlying most arguments against the free market is a lack of belief in freedom itself.”
Freedom“The government solution to a problem is usually as bad as the problem.”
Government“Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.”
Freedom“I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.”
Finance“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“Most of the energy of political work is devoted to correcting the effects of mismanagement of government.”
Government“The only relevant test of the validity of a hypothesis is comparison of prediction with experience.”
Experience“Inflation is taxation without legislation.”
Finance