Most of the energy of political work is devoted to correcting the effects of mismanagement of government. Milton Friedman correctdevoteeffect Change image and share on social
And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout? Milton Friedman americanappointappointee share on social
So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. Milton Friedman absolutelyactivityalternative share on social
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way. Milton Friedman achievementautomobilebureau share on social
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. Milton Friedman combinationcovergood Change image and share on social
The power to do good is also the power to do harm. Milton Friedman goodharmpower Change image and share on social
One man's opportunism is another man's statesmanship. Milton Friedman manopportunismstatesmanship Change image and share on social
The only relevant test of the validity of a hypothesis is comparison of prediction with experience. Milton Friedman comparisonexperiencehypothesis Change image and share on social
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 cooperatediscoveressential Change image and share on social
We have a system that increasingly taxes work and subsidizes nonwork. Milton Friedman increasinglynonworksubsidize Change image and share on social