celebrating milton friedman at 100
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Celebrating Milton Friedman at 100: A Tribute in QuotesMilton Friedman passed away in 2006, but his spirit lives on among lovers of economic liberty around the world. There are celebrations taking place in 43
countries and all 50 states to commemorate Friedman at 100.
Celebrating Milton Friedman at 100: A Tribute in Quotes
• “We have a system that increasingly taxes work and subsidizes
non-work.”
• “If you put the federal government in charge of the Sahara
Desert, in 5 years there'd be a shortage of sand”
• “Governments never learn. Only people learn.”
• “Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.”
• “The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government”
Celebrating Milton Friedman at 100: A Tribute in Quotes
“When a man spends his own money to buy something for himself,
he is very careful about how much he spends and how he spends it.
When a man spends his own money to buy something for someone
else, he is still very careful about how much he spends, but
Somewhat less what he spends it on. When a man spends someone
else's money to buy something for himself, he is very careful about
what he buys, but doesn't care at all how much he spends. And
when a man spends someone else's money on someone else, he
doesn't care how much he spends or what he spends it on. And
that's government for you.”
Celebrating Milton Friedman at 100: A Tribute in Quotes
• “I'm in favor of legalizing drugs. According to my values system, if
people want to kill themselves, they have every right to do so.
Most of the harm that comes from drugs is because they are
illegal.”
• “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.”
• “Nothing is so permanent as a temporary government program”
• “There's no such thing as a free lunch.”
• “The government solution to a problem is usually as bad as the
problem.”
Celebrating Milton Friedman at 100: A Tribute in Quotes
• “Most economic fallacies derive - from the tendency to assume
that there is a fixed pie, that one party can gain only at the
expense of another”
• “Inflation is taxation without legislation”
• “Many people want the government to protect the consumer. A
much more urgent problem is to protect the consumer from the
government.”
• “Underlying most arguments against the free market is a lack of
belief in freedom itself.”
• “Concentrated power is not rendered harmless by the good
intentions of those who create it.”
Celebrating Milton Friedman at 100: A Tribute in Quotes
• “I am favor of cutting taxes under any circumstances and for any
excuse, for any reason, whenever it's possible.”
• “History suggests that capitalism is a necessary condition for
political freedom”
• The only relevant test of the validity of a hypothesis is comparison
of prediction with experience”
• “Hell hath no fury like a bureaucrat scorned.”
• “The most important single central fact about a free market is that
no exchange takes place unless both parties benefit.”
Celebrating Milton Friedman at 100: A Tribute in Quotes
• “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.”
• “Most of the energy of political work is devoted to correcting the
effects of mismanagement of government”
• “Columbus did not seek a new route to the Indies in response to a
majority directive.”
• “Universities exist to transmit knowledge and understanding of
ideas and values to students ... not to provide entertainment for
spectators or employment for athletes.”
• “What kind of society isn't structured on greed? The problem of
social organization is how to set up an arrangement under which
greed will do the least harm; capitalism is that kind of a system”
Celebrating Milton Friedman at 100: A Tribute in Quotes
• “Of course, we'd like to have another one, .....Though wouldn't it
be better if we learned that we could do without one?”
• “The power to do good is also the power to do harm.”
• “One man's opportunism is another man's statesmanship”
• “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.”