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The heart of the liberal philosophy is a belief in the dignity of the individual, in his freedom to make the most of his capacities and opportunities according to his own lights.
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
Heart
Dignity
Make
Capacity
Capacities
Men
Philosophy
Lights
Belief
Inequality
Freedom
Liberal
Opportunity
Equality
Individual
Opportunities
Light
According
More quotes by Milton Friedman
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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History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
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My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving while there are unused resources ... people having skills which are not being used.
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How can thinking people believe that a government that cannot deliver the mail can deliver gas better than Exxon, Mobil, Texaco, Gulf, and the rest?
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To the free man, the country is the collection of individuals who compose it, not something over and above them.
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Saying it is one thing. Doing it is very different.
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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.
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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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Concentrated power is not rendered harmless by the good intentions of those who create it.
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Whenever we depart from voluntary cooperation and try to do good by using force, the bad moral value of force triumphs over good intentions.
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Political leaders in capitalist countries who cheer the collapse of socialism in other countries continue to favor socialist solutions in their own. They know the words, but they have not learned the tune.
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Underlying most arguments against the free market is a lack of belief in freedom itself.
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There's no such thing as a free lunch.
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The excuse for the destruction of liberty is always the plea of necessary ' that there is no alternative
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How do you hold down government spending?
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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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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Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
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The long-range sloution to high unemployment is to increase the incentive for ordinary people to save, invest, work, and employ others. We make it costly for employers to employ people we subsidize people not to go to work We have a system that increasingly taxes work and subsidizes nonwork.
Milton Friedman