Quotes by Friedman, Milton

"A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself."

Friedman, Milton on freedom   

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

Friedman, Milton on government
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"Governments never learn. Only people learn."

Friedman, Milton on government
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"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."

Friedman, Milton on government   

"The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system."

Friedman, Milton on greed   

"Inflation is one form of taxation that can be imposed without legislation."

Friedman, Milton on inflation   

"Concentrated power is not rendered harmless by the good intentions of those who create it."

Friedman, Milton on power
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"The power to do good is also the power to do harm."

Friedman, Milton on power
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"Never try to walk across a river just because it has an average depth of four feet."

Friedman, Milton on risk   

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

Friedman, Milton on capitalism   

"There's no such thing as a free lunch."

Friedman, Milton on work   

"So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not. "

Friedman, Milton on uncategorised