Milton Friedman Quotes about Philosophy

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Why have we had such a decline in moral climate? I submit to you that a major factor has been a change in the philosophy which has been dominant, a change from belief in individual responsibility to belief in social

Why have we had such a decline in moral climate? I submit to you that a major factor has been a change in the philosophy which has been dominant, a change from belief in individual responsibility to belief in social responsibility. If you adopt the view that a man is not responsible for his own behavior, that somehow society is responsible, why should he seek to make his behavior good?

Milton Friedman

Philosophy, Responsibility, Men

Milton Friedman, William Richard Allen (1983). “Bright promises, dismal performance: an economist's protest”, Harcourt Brace Jovanovich Inc.

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

Milton Friedman

Philosophy, Government, People

Doing good with other people's money has two basic flaws. In the first place, you never spend anybody else's money as carefully as you spend your own. So a large fraction of that money is inevitably wasted. In the second place, and equally important, you cannot do good with other people's money unless you first get the money away from them. So that force - sending a policeman to take the money from somebody's pocket - is fundamentally at the basis of the philosophy of the welfare state.

Milton Friedman

Philosophy, Two, People

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

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.

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

The heart of the liberal philosophy is a belief in the dignity of the individual, in his freedom to make the most of his capacities and opportunities according to his own lights.

Milton Friedman

Philosophy, Heart, Opportunity

"Capitalism and Freedom". Book by Milton Friedman, Ch. 12 "The Alleviation of Poverty", 1962.