Quotes by Milton Friedman

Milton Friedman

American economist

Alive from: 1912-

Category: Economists and businessmen

Quotes 1 till 14 of 14.

• Milton Friedman

  

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  Governments never learn. Only people learn.

• Milton Friedman

  

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

• Milton Friedman

  

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  Never try to walk across a river just because it has an average depth of four feet.

• Milton Friedman

  

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  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

  

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

• Milton Friedman

  

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  Hell hath no fury like a bureaucrat scorned.

• Milton Friedman

  

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  History suggests only that capitalism is a necessary condition for political freedom
  Source: Capitalism and Freedom (1962) Ch. 1

• Milton Friedman

  

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  Inflation is always and everywhere a monetary phenomenon.
  Source: The Counter-Revolution in Monetary Theory (1970)

• Milton Friedman

  

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

• Milton Friedman

  

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

• Milton Friedman

  

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

• Milton Friedman

  

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

• Milton Friedman

  

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  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.

• Milton Friedman

  

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  There's no such thing as a free lunch.