Milton Friedman Quotes

Milton Friedman, 1912 – 2006

Born: 31 July 1912, Brooklyn, New York
Died: 16 November 2006, San Francisco, California

Milton Friedman quotes:

A major source of objection to a free economy is precisely that it … gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
    Milton Friedman

A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
    Milton Friedman

Annual consumption is a function of people’s expected lifetime earnings – not just their income at the current time.
    Milton Friedman

Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.
    Milton Friedman

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

Complete free trade is not politically feasible. Why? Because it’s only in the general interest and in no one’s special interest.
    Milton Friedman

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

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

Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.
    Milton Friedman

Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.
    Milton Friedman

Governments never learn. Only people learn.
    Milton Friedman

Hell hath no fury like a bureaucrat scorned.
    Milton Friedman

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
    Milton Friedman

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.
    Milton Friedman

I say thank God for government waste. If government is doing bad things, it’s only the waste that prevents the harm from being greater.
    Milton Friedman

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