Tuesday, October 26, 2010

Milton Friedman Quotes

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

“Nothing is so permanent as a temporary government program.”

“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.”

“The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.”

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”

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

“We have a system that increasingly taxes work and subsidizes nonwork.”

Milton Friedman, Economist (1912-2006)

I received these via email today, and thought you all might enjoy them.

6 comments:

glnroz said...

Economics was my major study. "Uncle Milty" should be read more today. Our government has gone completely nuts.

betty said...

this is absolutely my favorite of the bunch and so true!

We have a system that increasingly taxes work and subsidizes nonwork.”

(as I go back to work to pay taxes LOL :)

betty

Penny said...

I'm with Milton! :)

Always On Watch said...

No wonder the left so hates Friedman!

Linda said...

We need Milton! Thanks for visiting...and commenting!

Linda said...

We need Milton! Thanks for visiting...and commenting!