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More Quotes by Milton Friedman
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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?
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
You cannot simultaneously have free immigration and a welfare state.
What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
If capitalism worked as the socialists think an economic system ought to work, and provided a constant equality of living conditions for all, regardless of whether a man was able or not, resourceful or not, diligent or not, thrifty or not, if capitalism put no premiums on resourcefulness and effort and not penalty on idleness or vice, it would produce only an equality of destitution.
A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
Society doesn't have values. People have values.
