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I am convinced that the minimum-wage law is the most anti-Negro law on our statute books in its effect, not its intent.

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
Book
Wage
Minimum
Anti
Convinced
Effect
Statute
Effects
Statutes
Books
Negro
Law
Intent

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The invisible hand in politics operates in the opposite direction to the invisible hand in the market.
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A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood on its head.
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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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Underlying most arguments against the free market is a lack of belief in freedom itself.
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When a private enterprise fails, it is closed down when a government enterprise fails, it is expanded. Isn't that exactly what's been happening with drugs?
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The Internet moves us closer to perfect information on markets. Individuals and companies alike can buy and sell across borders and jurisdictions wherever they find the best match of supply and demand.
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By encouraging men to spy and report on one another, by making it in the private interest of large numbers of citizens to evade the controls, and by making actions illegal that are in the public interest, the controls undermine individual morality.
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The problem in this world is to avoid concentration of power - we must have a dispersion of power.
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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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Nobody spends somebody else's money as carefully as he spends his own.
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As a nation, we have been responsible for the murder of literally hundreds of thousands of people at home and abroad by fighting a war that should never have been started and can be won, if at all, only by converting the United States into a police state.
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You cannot simultaneously have free immigration and a welfare state.
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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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Inflation is taxation without legislation.
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Richard Nixon was a very intelligent and able man. And he had the right ideas. But he did not have the adherence to principles that [Ronald] Reagan had. He did some very good things. We owe to Richard Nixon the volunteer army - he got rid of the draft. And that was a major increase in freedom.
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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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The argument for collectivism is simple free market is not.
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Not all schooling is education nor all education, schooling.
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The euro is going to be a big source of problems, not a source of help.
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Inflation is always and everywhere a monetary phenomenon.
Milton Friedman