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More Quotes by Milton Friedman
Nobody spends somebody else's money as carefully as he spends his own.
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.
Underlying most arguments against the free market is a lack of belief in freedom itself.
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
Inflation is taxation without legislation.
You cannot simultaneously have free immigration and a welfare state.
The only corporate social responsibility a company has is to maximize its profits.
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.
You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
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?
