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More Quotes by Milton Friedman
We have a system that increasingly taxes work and subsidizes nonwork.
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?
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.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
You cannot simultaneously have free immigration and a welfare state.
The government solution to a problem is usually as bad as the problem.
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.
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
Corruption is government intrusion into market efficiencies in the form of regulations.
Society doesn't have values. People have values.
