Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. – Milton Friedman
Concentrated power is not rendered harmless by the good intentions of those who create it. – Milton Friedman
Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence. – Milton Friedman
A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. – Milton Friedman
Underlying most arguments against the free market is a lack of belief in freedom itself. – Milton Friedman
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. – Milton Friedman
The only relevant test of the validity of a hypothesis is comparison of prediction with experience. – Milton Friedman
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government. – Milton Friedman
We have a system that increasingly taxes work and subsidizes nonwork. – Milton Friedman
Inflation is taxation without legislation. – Milton Friedman
