36 Inspiring Quotes By Milton Friedman That Will Motivate You To Build Your Nest Egg
Milton Friedman was a prominent American economist. In 1976, he was awarded ‘The Nobel Memorial Prize in Economic Sciences’ for his research on monetary history and theory, complexity of stabilization policy and consumption analysis. His vast sea of works include a broad range of economic topics, monographs, television programs, public policy issues, scholarly articles, magazine columns, and essays that have had global influence. His political philosophy eulogized the righteousness of free market with least intervention. Let us take a look at some quotes by Milton Friedman, which have been extracted from his writings, researches, books, articles, etc. Scroll through the corpus of noteworthy quotes by Milton Friedman on power, taxes, system, capitalism, organization, finance, circumstances, statesmanship, internet, comparison, experience, etc.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
Nothing is so permanent as a temporary government program.
Underlying most arguments against the free market is a lack of belief in freedom itself.
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
Governments never learn. Only people learn.
There's no such thing as a free lunch.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true.
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
Society doesn't have values. People have values.
Education spending will be most effective if it relies on parental choice & private initiative -- the building blocks of success throughout our society.
He moves fastest who moves alone.
Hell hath no fury like a bureaucrat scorned.
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.
I think that the Internet is going to be one of the major forces for reducing the role of government.
Is it really true that political self-interest is nobler somehow than economic self-interest? . . . And just tell me where in the world you find these angels who are going to organize society for us.
I am a libertarian with a small 'l' and a Republican with a capital 'R'. And I am a Republican with a capital 'R' on grounds of expediency, not on principle.
There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves
The unions might be good for the people who are in the unions but it doesn't do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn't do a thing for them.
With respect to teachers' salaries .... Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.
With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
I say thank God for government waste. If government is doing bad things, it's only the waste that prevents the harm from being greater.
Anybody who was easily converted was not worth converting.
. . . there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
The smaller the unit of government and the more restricted the functions assigned government, the less likely it is that its actions will reflect special interests rather than the general interest.
.'Deserves' is an impossible thing to decide. No one deserves anything. Thank God we don't get what we deserve.
Inflation is taxation without representation.