Quotes by Milton Friedman

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

"So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system."

"Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless."

"Concentrated power is not rendered harmless by the good intentions of those who create it."

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

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

"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."

"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."

"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."

"Inflation is taxation without legislation."

"I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible."

"The only relevant test of the validity of a hypothesis is comparison of prediction with experience."

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