Top 37 Quotes by Milton Friedman

Governments never learn. Only people learn.

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

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 black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.

The government solution to a problem is usually as bad as the problem.

Nothing is so permanent as a temporary government program.

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

There's no such thing as a free lunch.

Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.