#Quote
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.
Facebook
Twitter
More Quotes by Milton Friedman
Society doesn't have values. People have values.
Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.
When you start paying people to be poor, you wind up with an awful lot of poor people.
Inflation is taxation without legislation.
Inflation is the one form of taxation that can be imposed without legislation.
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.
The government doesn't have any money. The only power it has is to take from some and give to others.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
Corruption is government intrusion into market efficiencies in the form of regulations.
