More Quotes by Milton Friedman
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
The word 'free' is used three times in the Declaration of Independence and once in the First Amendment to the Constitution, along with 'freedom.' The word 'fair' is not used in either of our founding documents.
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.
Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
Inflation is taxation without legislation.
The only corporate social responsibility a company has is to maximize its profits.
When you start paying people to be poor, you wind up with an awful lot of poor people.
You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.
