Author: Milton Friedman

Quotes

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

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

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

- Milton Friedman

There's no such thing as a free lunch.

There's no such thing as a free lunch.

- Milton Friedman

Nothing is so permanent as a temporary government program.

Nothing is so permanent as a temporary government program.

- 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?

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

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

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

- Milton Friedman

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

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

- Milton Friedman

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.

- Milton Friedman

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

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

- Milton Friedman

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