#Quote
More Quotes by Milton Friedman
Inflation is taxation without legislation.
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
The only corporate social responsibility a company has is to maximize its profits.
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 you start paying people to be poor, you wind up with an awful lot of poor people.
Corruption is government intrusion into market efficiencies in the form of regulations.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Society doesn't have values. People have values.
The government doesn't have any money. The only power it has is to take from some and give to others.
