Quote

What kind of society isn't structured on greed?

Milton Friedman

Change background

T
T
T

Change font

TAGS & TOPICS

Milton Friedman
Age: 94 †
Born: 1912
Born: July 31
Died: 2006
Died: November 16
Economist
Essayist
Statistician
University Teacher
Writer
Brooklyn
New York
Milton Fridman
Capitalist
Greed
Capitalism
Society
Kind
Structured

More quotes by Milton Friedman

Image
[T]he burden of government is not measured by how much it taxes, but by how much it spends.
Milton Friedman
Image
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Milton Friedman
Image
The use of quantity of money as a target has not been a success. I'm not sure that I would as of today push it as hard as I once did.
Milton Friedman
Image
Making prohibition work is like making water run uphill it's against nature.
Milton Friedman
Image
Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.
Milton Friedman
Image
Not all schooling is education nor all education, schooling.
Milton Friedman
Image
The problem in this world is to avoid concentration of power - we must have a dispersion of power.
Milton Friedman
Image
Since the 1930s the technique of buying votes with the voters' own money has been expanded to an extent undreamed of by earlier politicians.
Milton Friedman
Image
It all would have been much better if individuals saved for their own old age.
Milton Friedman
Image
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
Image
Concentrated power is not rendered harmless by the good intentions of those who create it.
Milton Friedman
Image
In a bureaucratic system, useless work drives out useful work.
Milton Friedman
Image
Individual price and wage changes will not be prevented. In the main, price changes will simply be concealed by taking the form of changes in discounts, service, and quality, and wage changes, in overtime, perquisites and so on…. But to whatever extent the freeze is enforced, it will do harm by distorting relative prices.
Milton Friedman
Image
What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
Milton Friedman
Image
Whenever you try to do good with someone else's money, you are committed to using force. How can you do good with somebody else's money, unless you first take it away from them? The only way you can take it away from them is the threat of force: you have a policeman, tax collector, who comes and takes it from them.
Milton Friedman
Image
I do not believe there is a natural resource economics. I believe there is good economics and bad economics.
Milton Friedman
Image
George Stigler was a delightful correspondent. In a letter from London in 1948, after remarking on the inconvertibility of the pound and the inedible, still-rationed food, he concluded, So here I am losing weight and gaining pounds.
Milton Friedman
Image
The argument for collectivism is simple free market is not.
Milton Friedman
Image
The combination of economic and political power in the same hands is a sure recipe for tyranny.
Milton Friedman
Image
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.
Milton Friedman