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Milton Friedman Quotes and Sayings

I hope you find great value in these Quotes by Milton Friedman from my large collection of motivational and inspirational quotes and sayings.

I am favor of cutting taxes under any circumstances and for any excuse,
for any reason, whenever it's possible.
- Milton Friedman

Related topics: Finance

Hell hath no fury like a bureaucrat scorned.
- Milton Friedman

Only government can take perfectly good paper,
cover it with perfectly good ink and make the combination worthless.
- Milton Friedman

The government solution to a problem is usually as bad as the problem.
- Milton Friedman

 

We have a system that increasingly taxes work and subsidizes nonwork.
- Milton Friedman

If you put the federal government in charge of the Sahara Desert,
in 5 years there'd be a shortage of sand.
- Milton Friedman

Inflation is taxation without legislation.
- Milton Friedman

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The greatest advances of civilization,
whether in architecture or painting,
in science and literature,
in industry or agriculture, have never come from centralized government.
- Milton Friedman

Universities exist to transmit knowledge and understanding
of ideas and values to students not to provide entertainment
for spectators or employment for athletes.
- Milton Friedman

There's no such thing as a free lunch.
- Milton Friedman

The black market was a way of getting around government controls.
It was a way of enabling the free market to work.
It was a way of opening up, enabling people.
- Milton Friedman

Is it really true that political self-interest is nobler
somehow than economic self-interest?
- Milton Friedman

Inflation is the one form of taxation that can be imposed without legislation.
- Milton Friedman

The most important single central fact about a free
market is that no exchange takes place unless both parties benefit.
- Milton Friedman

Columbus did not seek a new route to the Indies in
response to a majority directive.
- Milton Friedman

Underlying most arguments against the free market is
a lack of belief in freedom itself.
- Milton Friedman

The most important ways in which I think the Internet
will affect the big issue is that it will make it more
difficult for government to collect taxes.
- Milton Friedman

Many people want the government to protect the consumer.
A much more urgent problem is to protect the consumer from the government.
- Milton Friedman

So that the record of history is absolutely crystal clear.
That 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.
- Milton Friedman

The only relevant test of the validity of a hypothesis
is comparison of prediction with experience.
- Milton Friedman

Most economic fallacies derive from the tendency to
assume that there is a fixed pie,
that one party can gain only at the expense of another.
- Milton Friedman

History suggests that capitalism is a necessary condition for political freedom.
Clearly it is not a sufficient condition.
- Milton Friedman

One man's opportunism is another man's statesmanship.
- Milton Friedman

Nothing is so permanent as a temporary government program.
- Milton Friedman

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.
- Milton Friedman

Concentrated power is not rendered harmless by the
good intentions of those who create it.
- Milton Friedman

Governments never learn.
Only people learn.
- Milton Friedman

The problem of social organization is how to set up
an arrangement under which greed will do the least harm,
capitalism is that kind of a system.
- Milton Friedman

Most of the energy of political work is devoted to
correcting the effects of mismanagement of government.
- Milton Friedman

The power to do good is also the power to do harm.
- Milton Friedman

The world runs on individuals pursuing their self interests.
The great achievements of civilization have not come from government bureaus.
Einstein didn't construct his theory under order from a,
from a bureaucrat.
Henry Ford didn't revolutionize the automobile industry that way.
- Milton Friedman

And what does reward virtue? You think the communist
commissar rewards virtue? You think a Hitler rewards virtue? You think,
excuse me, if you'll pardon me, American presidents
reward virtue? Do they choose their appointees on the
basis of the virtue of the people appointed or on the
basis of their political clout?
- Milton Friedman

The only way that has ever been discovered to have
a lot of people cooperate together voluntarily is through the free market.
And that's why it's so essential to preserving individual freedom.
- Milton Friedman

Every friend of freedom must be as revolted as I am
by the prospect of turning the United States into an armed camp,
by the vision of jails filled with casual drug users
and of an army of enforcers empowered to invade the
liberty of citizens on slight evidence.
- Milton Friedman

Well first of all, tell me, is there some society you
know of that doesn't run on greed? You think Russia
doesn't run on greed? You think China doesn't run on greed? What is greed?
- Milton Friedman

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.
- Milton Friedman

A major source of objection to a free economy is precisely
that group thinks they ought to want.
Underlying most arguments against the free market is
a lack of belief in freedom itself.
- Milton Friedman

The moment a person forms a theory,
his imagination sees in every object
only the traits which favor that theory.
- Thomas Jefferson

I have friends in overalls
whose friendship I would not swap
for the favor of the kings of the world.
- Thomas A. Edison

The art of acceptance is the art of making someone
who has just done you a small favor
wish that he might have done you a greater one.
- Martin Luther King, Jr.

Most of the change we think we see in life is due to
truths being in and out of favor.
- Robert Frost

I'm all in favor of keeping dangerous weapons
out of the hands of fools.
Let's start with typewriters.
- Frank Lloyd Wright

Random chance seems to have operated in our favor ...
there was no deity involved.
- Spock character in the Star Trek television series

Not a shred of evidence exists in favor of the idea that life is serious.
- Brendan Gill

Fortune and love favor the brave.
- Ovid

The person whose doors I enter with most pleasure,
and quit with most regret, never did me the smallest favor.
- William Hazlitt

Ancestor worship, or filial piety so characteristic of Asian cultures,
for example, does not really resonate with Americans who favor children,
not grandparents.
- Alan Dundes

There's something to be said in favor of working in
isolation in the real world.
- A. R. Ammons

The dog commends himself to our favor by affording
play to our propensity for mastery.
- Thorstein Veblen

Hearing Mass is the ceremony I most favor during my travels.
Church is the only place where someone speaks to me
and I do not have to answer back.
- Charles de Gaulle

I know the world isn't fair, but why isn't it ever unfair in my favor?
- Bill Watterson

I have a hot memory, but I know I've forgotten many things,
too, just squashed things in favor of survival.
- Iggy Pop

A gift in season is a double favor to the needy.
- Publilius Syrus

Raillery is a mode of speaking in favor of one's wit
at the expense of one's better nature.
- Charles de Secondat

Favor comes because for a brief moment in the great
space of human change and progress some general human
purpose finds in him a satisfactory embodiment.
- Franklin D. Roosevelt

We favor the economic unification of Germany.
If complete unification cannot be secured,
we shall do everything in our power to secure the maximum possible unification.
- James F. Byrnes

You talk about the values that you have whether they're
in favor or not in favor.
That's how you lead.
The reality is, we're losing more and more elections.
- Artur Davis

He had but one eye and the pocket of prejudice runs in favor of two.
- Charles Dickens

I favor the Civil Rights Act of 1964 and it must be
enforced at gunpoint if necessary.
- Ronald Reagan

I do favor guest workers, H1B visas and student visas.
- Jim Kolbe

We've always been in favor of improved wages for workers.
When you have a strong middle class,
they want to buy more stuff at Costco.
- James Sinegal

What a rush it was to plunge into the bin of official
decision and cast a ballot in favor of FUN.
- Wavy Gravy

If we do what is necessary, all the odds are in our favor.
- Charles Buxton

Germany is in favor of integration precisely because we don't want dominance.
- Gerhard Schroder

When I consider life, it is all a cheat.
Yet fooled with hope, people favor this deceit.
- John Dryden

A person may rightfully be happy if in this life he
could do a great favor for widows and orphans,
could assist support than, and facilitate fate of people.
- Islom Karimov

We are in favor of greater free markets.
- Ed Gillespie

I am in favor of helping the prosperity of all countries because,
when we are all prosperous, the trade with each becomes
more valuable to the other.
- William Howard Taft

If the United States is hit with a weapon of mass destruction
that inflicts large casualties,
the Constitution will likely be discarded in favor
of a military form of government.
- Tommy Franks

Overall relations between the North and the South have
developed in favor of national reconciliation,
unity and reunification.
- Kim Jong Il

Do your kids a favor - don't have any.
- Robert Orben


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