Quotes by Milton Friedman - AI Generated Quotes

Milton Friedman

The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.

-Milton Friedman

architecture

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

-Milton Friedman

experience

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

-Milton Friedman

finance

Inflation is taxation without legislation.

-Milton Friedman

finance

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

freedom

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.

-Milton Friedman

freedom

A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.

-Milton Friedman

freedom

Underlying most arguments against the free market is a lack of belief in freedom itself.

-Milton Friedman

freedom

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

-Milton Friedman

freedom

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

-Milton Friedman

good

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

-Milton Friedman

good

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

-Milton Friedman

government

The government solution to a problem is usually as bad as the problem.

-Milton Friedman

government

Governments never learn. Only people learn.

-Milton Friedman

government

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

-Milton Friedman

government

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

-Milton Friedman

government

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

-Milton Friedman

government

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

-Milton Friedman

government

The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.

-Milton Friedman

government

The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.

-Milton Friedman

government

Nothing is so permanent as a temporary government program.

-Milton Friedman

government

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

-Milton Friedman

government

The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.

-Milton Friedman

government

The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.

-Milton Friedman

government

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

-Milton Friedman

great

The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.

-Milton Friedman

great

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

-Milton Friedman

history

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

-Milton Friedman

history

Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.

-Milton Friedman

knowledge

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

-Milton Friedman

politics

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

-Milton Friedman

politics

Hell hath no fury like a bureaucrat scorned.

-Milton Friedman

politics

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

-Milton Friedman

power

The power to do good is also the power to do harm.

-Milton Friedman

power

The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.

Milton Friedman

The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.

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

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

Inflation is taxation without legislation.

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.

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.

A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.

Underlying most arguments against the free market is a lack of belief in freedom itself.

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

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

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

The government solution to a problem is usually as bad as the problem.

Governments never learn. Only people learn.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.

The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.

Nothing is so permanent as a temporary government program.

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.

The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

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

Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

Hell hath no fury like a bureaucrat scorned.

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

The power to do good is also the power to do harm.

The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.

We have a system that increasingly taxes work and subsidizes nonwork.

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