Milton Friedman Quotes
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Daily quotes from economist & Nobel laureate Milton Friedman (1912-2006) 🗽 More quotes: @FAHayekSays, @DailySowell, @MileiSays
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Milton Friedman: “I am not a conservative. I’ve never been a conservative. Hayek was not a conservative.” “We are liberals in the true meaning of that term: concerned with freedom. We are not liberals in the current distorted sense—those liberal with other people’s money.”
Milton Friedman Quotes184,046 Aufrufe • vor 2 Tagen
Milton Friedman responds to a heckler asking if he’s ever been poor: “Of course, more so than most people in this room. How many of you have worked a 12-hour day and gotten paid 78 cents?” “But that’s irrelevant—is there one of you who is going to say you don’t want a doctor to treat you for cancer unless he himself has had cancer?”
Milton Friedman Quotes188,362 Aufrufe • vor 3 Tagen
Milton Friedman on inflation: “Inflation is just like alcoholism. In both cases when you start drinking or when you start printing too much money, the good effects come first. The bad effects only come later.” “That’s why in both cases there is a strong temptation to overdo it: to drink too much and to print too much money.” “When it comes to the cure, it’s the other way around. When you stop drinking or when you stop printing money, the bad effects come first and the good effects only come later.” “That’s why it’s so hard to persist with the cure.”
Milton Friedman Quotes55,408 Aufrufe • vor 3 Tagen
Milton Friedman: “I am not a conservative. I’ve never been a conservative. Hayek was not a conservative.” “We are liberals in the true meaning of that term: concerned with freedom. We are not liberals in the current distorted sense—those liberal with other people’s money.”
Milton Friedman Quotes1,390,171 Aufrufe • vor 3 Monaten
Milton Friedman: “Economists don’t know much, but there’s one thing we know very, very well—and that’s how to produce shortages.” “You want a shortage of housing in New York City? Set a maximum price on rent, and you will have a shortage of housing.”
Milton Friedman Quotes148,091 Aufrufe • vor 16 Tagen
Left-wing activist throws pie in Milton Friedman’s face
Milton Friedman Quotes1,631,074 Aufrufe • vor 6 Monaten
Milton Friedman on 4 ways to spend money: 1) Your money on yourself (you’re careful about both cost and quality) 2) Your money on others (you care about cost, less about quality) 3) Someone else’s money on yourself (you care about quality, not cost) 4) Someone else’s money on others (you care about neither) The last one is how government spending works.
Milton Friedman Quotes285,301 Aufrufe • vor 1 Monat
Milton Friedman: “Wherever the free market has been permitted to operate, the ordinary man has been able to attain levels of living never dreamed of before.” “Nowhere are the rich richer and the poor poorer than in those societies that do not permit the free market to operate.”
Milton Friedman Quotes93,825 Aufrufe • vor 14 Tagen
Milton Friedman explains why our government keeps growing: “I don’t believe it’s true for a second that we have so much government because people have such demands upon government.” “We have so much government because once you get started in an area, it becomes a preserve of the people who can best take advantage of it, and they have a far greater interest in maintaining it than the population at large has in destroying it.”
Milton Friedman Quotes26,761 Aufrufe • vor 4 Tagen
Milton Friedman on 4 ways to spend money: 1) Your money on yourself (you’re careful about both cost and quality) 2) Your money on others (you care about cost, less about quality) 3) Someone else’s money on yourself (you care about quality, not cost) 4) Someone else’s money on others (you care about neither) The last one is how government spending works 🚨
Milton Friedman Quotes821,791 Aufrufe • vor 5 Monaten
Milton Friedman on government’s four major functions: 1) Ensure national defense 2) Protect citizens from “abuse and coercion by other citizens” 3) Define and uphold private property rights 4) Maintain a judicial system to adjudicate disputes and enforce rules
Milton Friedman Quotes141,529 Aufrufe • vor 1 Monat
Milton Friedman: “Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax.” “If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or borrowing.”
Milton Friedman Quotes596,341 Aufrufe • vor 5 Monaten
Milton Friedman on Mises & Ayn Rand: “Ludwig von Mises and Ayn Rand were remarkable individuals and have made great contributions, but both of them had one defect.” “They were, from my point of view, intolerant. They were not willing to listen to ideas that didn’t conform to their own. They demanded that people be disciples, not simply learners.”
Milton Friedman Quotes33,849 Aufrufe • vor 12 Tagen
Milton Friedman on his ideal society: “I’d like to see a society in which individuals have the maximum freedom to pursue their own objectives in whichever direction they wish, so long as they don’t interfere with the rights of others to do the same thing.” “In such a society, I believe you do need a government—but the government has a very limited role. Its role should be to provide the national defense, to protect individuals from coercion by others, and finally to provide a mechanism whereby we can formulate the rules that will govern us.”
Milton Friedman Quotes35,001 Aufrufe • vor 13 Tagen
POV: It’s debate night and your team is - Milton Friedman - Thomas Sowell - William F. Buckley Jr.
Milton Friedman Quotes212,844 Aufrufe • vor 3 Monaten
