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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.
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More Quotes by Milton Friedman
We have a system that increasingly taxes work and subsidizes nonwork.
When you start paying people to be poor, you wind up with an awful lot of poor people.
You cannot simultaneously have free immigration and a welfare state.
Nothing is so permanent as a temporary government program.
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.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
Inflation is taxation without legislation.
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?
A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
