"Inflation is taxation without legislation."
Milton FriedmanTiny Panda Quotes
Quotes by Milton Friedman
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"I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible."
Milton Friedman"When government - in pursuit of good intentions - tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player."
Milton Friedman"History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition."
Milton Friedman"Nothing is so permanent as a temporary government program."
Milton Friedman"The government solution to a problem is usually as bad as the problem."
Milton Friedman"I think that the Internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash - a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A."
Milton Friedman"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."
Milton Friedman"Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless."
Milton Friedman"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."
Milton Friedman"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"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"There's no such thing as a free lunch."
Milton Friedman"Hell hath no fury like a bureaucrat scorned."
Milton Friedman"Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?"
Milton Friedman"We have a system that increasingly taxes work and subsidizes nonwork."
Milton Friedman"Governments never learn. Only people learn."
Milton Friedman