Milton Friedman
» Capitalism » “History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.”
» Freedom » “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.”
» Government » “Governments never learn. Only people learn.”
» Government » “Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.”
» Government » “The government solution to a problem is usually as bad as the problem.”
» Greed » “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.”
» Inflation » “Inflation is one form of taxation that can be imposed without legislation.”
» Power » “Concentrated power is not rendered harmless by the good intentions of those who create it.”
» Power » “The power to do good is also the power to do harm.”
» Risk » “Never try to walk across a river just because it has an average depth of four feet.”
» Work » “There’s no such thing as a free lunch.”
