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Milton Friedman Quotes about Economics

Society doesn't have values. People have values.

Society doesn't have values. People have values.

"Created Equal". PBS "Free to Choose", episode 5, 1980.

There's no such thing as a free lunch.

1973 Lecture. The phrase is thought to have been coined anonymously, perhaps referring to the 19c US tradition of supplying food in bars to patrons buying drinks.

Inflation is always and everywhere a monetary phenomenon.

Milton Friedman, Rose Friedman (1990). “Free to Choose: A Personal Statement”, p.272, Houghton Mifflin Harcourt