Milton Friedman

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

— Milton Friedman

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.

— Milton Friedman

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

— Milton Friedman

Governments never learn. Only people learn.

— Milton Friedman

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 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.

— Milton Friedman

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

— Milton Friedman

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

— Milton Friedman

The power to do good is also the power to do harm.

— Milton Friedman

Never try to walk across a river just because it has an average depth of four feet.

— Milton Friedman

There's no such thing as a free lunch.

— Milton Friedman

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.

— Milton Friedman