#Quote
More Quotes by Milton Friedman
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
We economists don't know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for example, just pass a law that retailers can't sell tomatoes for more than two cents per pound. Instantly you'll have a tomato shortage. It's the same with oil or gas.
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
If capitalism worked as the socialists think an economic system ought to work, and provided a constant equality of living conditions for all, regardless of whether a man was able or not, resourceful or not, diligent or not, thrifty or not, if capitalism put no premiums on resourcefulness and effort and not penalty on idleness or vice, it would produce only an equality of destitution.
If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.
The only corporate social responsibility a company has is to maximize its profits.
The government doesn't have any money. The only power it has is to take from some and give to others.
Nobody spends somebody else's money as carefully as he spends his own.
We have a system that increasingly taxes work and subsidizes nonwork.