More Quotes by Milton Friedman
Inflation is taxation without legislation.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
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.
Corruption is government intrusion into market efficiencies in the form of regulations.
The government doesn't have any money. The only power it has is to take from some and give to others.
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.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Since the 1930s the technique of buying votes with the voters' own money has been expanded to an extent undreamed of by earlier politicians.
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
