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You cannot simultaneously have free immigration and a welfare state.

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
Cannot
States
Simultaneously
Immigration
Welfare
State
Free

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Underlying most arguments against the free market is a lack of belief in freedom itself.
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised.
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The combination of economic and political power in the same hands is a sure recipe for tyranny.
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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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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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Anybody who was easily converted was not worth converting.
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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.
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It all would have been much better if individuals saved for their own old age.
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Most of the energy of political work is devoted to correcting the effects of mismanagement of government.
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Making prohibition work is like making water run uphill it's against nature.
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I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.
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The one thing that’s missing, but that will soon be developed, is a reliable e-cash, a method whereby on the Internet you can transfer funds from A to B, without A knowing B or B knowing A.
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The evidence of history speaks with a single voice. I do not know any exception to the proposition that if you compare like with like, the freer the system, the better off the ordinary poor people have been.
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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
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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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Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.
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The growing role that the government has played in financing and administering schooling has led not only the enormous waste of taxpayers money but also to a far poorer educational system.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true.
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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.
Milton Friedman