Milton Friedman

United States economist noted as a proponent of monetarism and for his opposition to government intervention in the economy (born in 1912)

click to add your vote (3 votes)

Famous quotes by Milton Friedman:Sort:PopularA - Z

Inflation is the one form of taxation that can be imposed without legislation.
A society that puts equality... ahead of freedom will end up with neither.
Governments never learn. Only people learn.
Hell hath no fury like a bureaucrat scorned.
History suggests that Capitalism is a necessary condition for political freedom.
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Most economic fallacies derive - from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.
The government solution to a problem is usually as bad as the problem.
The price works so well, so efficiently, that we are not aware of it most of the time.
There is no free lunch.
There is one and only one social 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, which is to say, engages in open and free competition without deception or fraud.
We have a system that increasingly taxes work and subsidizes nonwork.

Share your thoughts on Milton Friedman's quotes with the community:

Citation

Use the citation below to add this author page to your bibliography:

Style:MLAChicagoAPA

"Milton Friedman Quotes." Quotes.net. STANDS4 LLC, 2014. Web. 25 Oct. 2014. <http://www.quotes.net/authors/Milton Friedman>.

Missing a quote of Milton Friedman?

Know another good quote of Milton Friedman? Don't keep it to yourself!


The Web's Largest Resource for

Famous Quotes & Sayings


A Member Of The STANDS4 Network