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Our emphasis here is based not only on the growing seriousness of drug-related crimes, but also on the belief that relieving our police and our courts from having to fight losing battles against drug use will enable their energies and facilities to be devoted more fully to combating other forms of crime.

Milton Friedman

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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
Form
Activity
Police
Enforcement
Efficacy
Also
Crime
Forms
Crimes
Prevention
Fight
Increase
Emphasis
Courts
Growing
Court
Devoted
Facility
Belief
Drug
Strikes
Energies
Combating
Law
Based
Related
Battles
Relieving
Fighting
Losing
Fully
Seriousness
Cannabis
Energy
Battle
Blow
Enable
Facilities

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When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union - like public housing in the United States - look decrepit within a year or two of their construction.
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Nobody spends somebody else's money as carefully as he spends his own.
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The broader and more influential organisations of businessmen have acted to undermine the basic foundation of the free market system they purport to represent and defend.
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If the only motive was to help people who could not afford education, advocates of government involvement would have simply proposed tuition subsidies.
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Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and long-term gain for all.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get. And that's government.
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Money is a very powerful thing, which you hardly notice when it goes right, but which can create havoc when it goes wrong.
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Inflation is always and everywhere a monetary phenomenon.
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To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
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Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.
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The unions might be good for the people who are in the unions but it doesn't do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn't do a thing for them.
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Only a crisis - actual or perceived - produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.
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[T]he burden of government is not measured by how much it taxes, but by how much it spends.
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The current oil crisis has not been produced by the oil companies. It is a result of governmental mismanagement exacerbated by the Mideast war.
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No major institution in the US has so poor a record of performance over so long a period as the Federal Reserve, yet so high a public reputation.
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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.
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The great achievements of civilization have not come from government bureaus.
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The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933.
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Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition.
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