Milton Friedman Quotes about Greed

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The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.

The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.

Milton Friedman

Philosophy, Organization, Greed

Milton Friedman (1968). “Bright Promises, Dismal Performance: An Economist's Protest”, San Diego : Harcourt Brace Jovanovich

My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there are unused resources ... people having skills which are not being used.

Milton Friedman

Skills, People, Greed