Author: Milton Friedman

Quotes

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

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

- 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

Inflation is taxation without legislation.

Inflation is taxation without legislation.

- Milton Friedman

There's no such thing as a free lunch.

There's no such thing as a free lunch.

- Milton Friedman

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

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.

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

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