All Milton Friedman Quotes
The government solution to a problem is usually as bad as the problem.
Milton Friedman in
Government
80% of people like this quote
Hell hath no fury like a bureaucrat scorned.
Milton Friedman in
Politics
76% of people like this quote
We have a system that increasingly taxes work and subsidizes nonwork.
Milton Friedman in
Society
70% of people like this quote
The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
Milton Friedman
63% of people like this quote
And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?
Milton Friedman
61% of people like this quote
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
Milton Friedman
60% of people like this quote
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
57% of people like this quote
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Milton Friedman
56% of people like this quote
So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
Milton Friedman
56% of people like this quote
Concentrated power is not rendered harmless by the good intentions of those who create it.
Milton Friedman
55% of people like this quote
Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Milton Friedman
55% of people like this quote
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
54% of people like this quote
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