11/16/06

Milton Friedman

Filed under: General — Bethie @ 6:04 pm

I thought I’d pay tribute to economist Milton Friedman, who died today at the age of 94, by sharing some of his best quotes with my readers:

  • Hell hath no fury like a bureaucrat scorned.

  • Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

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

  • The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that’s why it’s so essential to preserving individual freedom.

  • 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.

  • A society that puts equality… ahead of freedom will end up with neither.

  • Nothing is so permanent as a temporary government program.