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. – Milton Friedman
The only relevant test of the validity of a hypothesis is comparison of prediction with experience. – 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
The government solution to a problem is usually as bad as the problem. – Milton Friedman