#Quote
More Quotes by Milton Friedman
Inflation is taxation without legislation.
Corruption is government intrusion into market efficiencies in the form of regulations.
When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it. When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less what he spends it on. When a man spends someone else's money to buy something for himself, he is very careful about what he buys, but doesn't care at all how much he spends. And when a man spends someone else's money on someone else, he does't care how much he spends or what he spends it on. And that's government for you.
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?
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.
Society doesn't have values. People have values.
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
You cannot simultaneously have free immigration and a welfare state.
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.
