More Quotes by Milton Friedman
We economists don't know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for example, just pass a law that retailers can't sell tomatoes for more than two cents per pound. Instantly you'll have a tomato shortage. It's the same with oil or gas.
Nothing is so permanent as a temporary government program.
Society doesn't have values. People have values.
When you start paying people to be poor, you wind up with an awful lot of poor people.
If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.
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.
We have a system that increasingly taxes work and subsidizes nonwork.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
The government solution to a problem is usually as bad as the problem.