552 Quotes by Milton Friedman

Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and long-term gain for all.

A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood on its head.

Thanks to economists, all of us, from the days of Adam Smith and before right down to the present, tariffs are perhaps one tenth of one percent lower than they otherwise would have been. … “And because of our efforts, we have earned our salaries ten-thousand fold.

The big problem for a democratic government - democrat with a small "d" - is how to hold down government spending.

It's a moral problem that the government is making into criminals people, who may be doing something you and I don't approve of, but who are doing something that hurts nobody else.

I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior.

If the only motive was to help people who could not afford education, advocates of government involvement would have simply proposed tuition subsidies.

Education spending will be most effective if it relies on parental choice & private initiative -- the building blocks of success throughout our society.

And where are you going to get these angels who are going to run society for us?