Author: Milton Friedman

Quotes

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

Inflation is taxation without legislation.

Inflation is taxation without legislation.

- Milton Friedman

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

- Milton Friedman

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

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

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

Nothing is so permanent as a temporary government program.

Nothing is so permanent as a temporary government program.

- 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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