Top 37 Quotes by Milton Friedman

Hell hath no fury like a bureaucrat scorned.

Inflation is taxation without legislation.

Concentrated power is not rendered harmless by the good intentions of those who create it.

The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.

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.

Inflation is the one form of taxation that can be imposed without legislation.

The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.

Columbus did not seek a new route to the Indies in response to a majority directive.

Underlying most arguments against the free market is a lack of belief in freedom itself.

I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.