Milton Friedman Short Quotes

25 Sourced Quotes

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What kind of society isn't structured on greed?

Milton Friedman
We do not get all the government we pay for—thank God.

Milton Friedman
There's a smokestack on the back of every government program.

Milton Friedman
In a bureaucratic system, useless work drives out useful work.

Milton Friedman
The case against a fully independent central bank is strong indeed.

Milton Friedman
There's only one place where inflation is made: that's in Washington.

Milton Friedman
If a tax cut increases government revenues, you haven't cut taxes enough.

Milton Friedman
Thank heavens we do not get all of the government that we are made to pay for.

Milton Friedman
Inflation is the one form of taxation that can be imposed without legislation.

Milton Friedman
Columbus did not seek a new route to the Indies in response to a majority directive.

Milton Friedman
If you cannot state a proposition clearly and unambiguously, you do not understand it.

Milton Friedman
You must distinguish sharply between being pro free enterprise and being pro business.

Milton Friedman
One reason why money is a mystery to so many is the role of myth or fiction or convention.

Milton Friedman
Concentrated power is not rendered harmless by the good intentions of those who create it.

Milton Friedman
The combination of economic and political power in the same hands is a sure recipe for tyranny.

Milton Friedman
Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.

Milton Friedman
To paraphrase Clemenceau, money is much too serious a matter to be left to the Central Bankers.

Milton Friedman
I have no right to coerce someone else, because I cannot be sure that I'm right and he is wrong.

Milton Friedman
Humility is the distinguishing virtue of the believer in freedom; arrogance, of the paternalist.

Milton Friedman
The price system transmits only the important information and only to the people who need to know.

Milton Friedman
The problem in this world is to avoid concentration of power - we must have a dispersion of power.

Milton Friedman
Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.

Milton Friedman
The only relevant test of the validity of a hypothesis is comparison of prediction with experience.

Milton Friedman
The excuse for the destruction of liberty is always the plea of necessary ' that there is no alternative

Milton Friedman
One of the great mistakes is to judge policies and programs by their intentions rather than their results.

Milton Friedman
The way you solve things is by making it politically profitable for the wrong people to do the right thing.

Milton Friedman
In this day and age, we need to revise the old saying to read, "Hell hath no fury like a bureaucrat scorned."

Milton Friedman
The basic problem of social organization is how to co-ordinate the economic activities of large numbers of people.

Milton Friedman
A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.

Milton Friedman
I think the government solution to a problem is usually as bad as the problem and very often makes the problem worse.

Milton Friedman