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More Quotes by Milton Friedman
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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?
A society that puts equality — in the sense of equality of outcome — ahead of freedom will end up with neither equality nor freedom. The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of people who use it to promote their own interests.
The government doesn't have any money. The only power it has is to take from some and give to others.
The government solution to a problem is usually as bad as the problem.
Corruption is government intrusion into market efficiencies in the form of regulations.
You cannot simultaneously have free immigration and a welfare state.
A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
Nobody spends somebody else's money as carefully as he spends his own.
What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
