More Quotes by Milton Friedman
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?
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
Inflation is the one form of taxation that can be imposed without legislation.
When you start paying people to be poor, you wind up with an awful lot of poor people.
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
Nothing is so permanent as a temporary government program.
A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union - like public housing in the United States - look decrepit within a year or two of their construction.
We have a system that increasingly taxes work and subsidizes nonwork.
If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.
