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More Quotes by Milton Friedman
Since the 1930s the technique of buying votes with the voters' own money has been expanded to an extent undreamed of by earlier politicians.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
Corruption is government intrusion into market efficiencies in the form of regulations.
Nobody spends somebody else's money as carefully as he spends his own.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
Inflation is the one form of taxation that can be imposed without legislation.
Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.
The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.
