Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. 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.
One of the great mistakes is to judge policies and programs by their intentions rather than their results. - Milton Friedman
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
- 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
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
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… - Milton Friedman
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…
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force. - Milton Friedman
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It sho… - Milton Friedman
Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It sho…
The only corporate social responsibility a company has is to maximize its profits. - Milton Friedman
The only corporate social responsibility a company has is to maximize its profits.
Politicians will always spend every penny of tax raised and whatever else they can get away with. - Milton Friedman
Politicians will always spend every penny of tax raised and whatever else they can get away with.
Inflation is the one form of taxation that can be imposed without legislation. - Milton Friedman
Inflation is the one form of taxation that can be imposed without legislation.
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with. - Milton Friedman
Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
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