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
Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed? Milton Friedman chinagreedrun Change image and share on social
Inflation is taxation without legislation. Milton Friedman inflationlegislationtaxation 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
Hell hath no fury like a bureaucrat scorned. Milton Friedman bureaucratfuryhath Change image and 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
Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. Milton Friedman argumentbeliefeconomy share on social
Inflation is the one form of taxation that can be imposed without legislation. Milton Friedman formimposeinflation Change image and share on social
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. Milton Friedman affectbigcollect Change image and share on social
