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Milton Friedman Quotes - Page 6

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Every person shall be free to do good ' at his own expense.

Every person shall be free to do good ' at his own expense.

Milton Friedman
Expenses, Persons

The future of private enterprise capitalism is also the future of a free society. There is no possibility of having a politically free society unless the major part of its economic resources are operated under a capitalistic private enterprise system.

Milton Friedman
Economic, Possibility, Resources
Milton Friedman (1978). “Tax limitation, inflation and the role of government”, Fisher Inst

The benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible. It's spread widely. There are people that don't have jobs because of tariffs but they don't know it.

Milton Friedman
Jobs, People, Doe

Political freedom means the absence of coercion of a man by his fellow men.

Milton Friedman
Freedom, Mean, Men
Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.15, University of Chicago Press

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

Milton Friedman
Power, Liberty, Libertarian
Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.201, University of Chicago Press

One man's opportunism is another man's statesmanship.

Milton Friedman
Opportunity, Men, Another Man

You never have real changes unless you have a time of crisis.

Milton Friedman
Real, Times Of Crisis, Crisis
Source: www.pbs.org

And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?

Milton Friedman
Thinking, People, Political

Governments never learn. Only people learn.

Milton Friedman
Philosophy, Government, People
"The Cynic's Lexicon: A Dictionary Of Amoral Advice‎". Book by Jonathon Green, 1984.

Never try to walk across a river just because it has an average depth of four feet.

Milton Friedman
Average, Rivers, Feet

If even a small fraction of the money we now spend on trying to enforce drug prohibition were devoted to treatment and drug rehabilitation, in an atmosphere of compassion not punishment, the reduction in drug usage and in the harm done to users could be dramatic.

Milton Friedman
Compassion, Punishment, Drug

If freedom were not so economically efficient it certainly wouldn't stand a chance.

Milton Friedman
Chance, Efficient, Ifs

Political freedom means the absence of coercion of a man by his fellow men. The fundamental threat to freedom is power to coerce, be it in the hands of a monarch, a dictator, an oligarchy, or a momentary majority. The preservation of freedom requires the elimination of such concentration of power to the fullest possible extent and the dispersal and distribution of whatever power cannot be eliminated — a system of checks and balances.

Milton Friedman
Freedom, Mean, Men
Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.15, University of Chicago Press

A free society releases the energies and abilities of people to pursue their own objectives. It prevents some people from arbitrarily suppressing others. It does not prevent some people from achieving positions of privilege, but so long as freedom is maintained, it prevents those positions of privilege from becoming institutionalized; they are subject to continued attack by other able, ambitious people.

Milton Friedman
Long, People, Ambitious

If the only motive was to help people who could not afford education, advocates of government involvement would have simply proposed tuition subsidies.

Milton Friedman
Government, People, Liberty

There is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.

Milton Friedman
Business, Responsibility, Games
Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.133, University of Chicago Press

Is it really true that political self-interest is nobler somehow than economic self-interest?

Milton Friedman
Self, Political, Economic

He moves fastest who moves alone.

Milton Friedman
Moving
Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.73, University of Chicago Press

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

Milton Friedman
Cutting, Liberty, Taxation
"Conservatives Betrayed: How George W. Bush and Other Big Government Republicans Hijacked the Conservative Cause". Book by Richard A. Viguerie, 2006.

The great danger to the consumer is the monopoly -whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world.

Milton Friedman
Home, Competition, Alternatives

I think that nothing is so important for freedom as recognizing in the law each individual’s natural right to property, and giving individuals a sense that they own something that they’re responsible for, that they have control over, and that they can dispose of.

Milton Friedman
Thinking, Law, Giving

There is not a line in 'The Wealth of Nations' that is not still applicable to this day.

Milton Friedman
Lines, Wealth, Stills

How did we make the transition from using wood to using coal, from using coal to using oil, from using oil to using natural gas? How in God's name did we make that transition without a Federal Energy Agency?

Milton Friedman
Oil, Agency, Government

The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it is largely a result of minimum wage laws. We regard the minimum wage law as one of the most, if not the most, anti-black laws on the statute books.

Milton Friedman
Teenager, Book, Social Unrest

There is no logical basis for the prohibition of marijuana. $7.7 billion is a lot of money, but that is one of the lesser evils. Our failure to successfully enforce these laws is responsible for the deaths of thousands of people in Colombia. I haven't even included the harm to young people. It's absolutely disgraceful to think of picking up a 22-year-old for smoking pot. More disgraceful is the denial of marijuana for medical purposes.

Milton Friedman
Marijuana, Thinking, Years

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