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A society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality. Milton Friedman. A society that puts equality—in the sense of equality of outcome—ahead of freedom will end up with neither equality nor freedom.
- A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both. Milton Friedman.
- One of the great mistakes is to judge policies and programs by their intentions rather than their results. Milton Friedman. Mistake, Judging, Politics.
- If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand. Milton Friedman. Government, Years, Political.
- When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it. When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less what he spends it on.
- Milton Friedman, Michael Latham, Michael Peacock, Robert Chitester, Eben Wilson, Rose D. Friedman
- 1980
- “When unions get higher wages for their members by restricting entry into an occupation, those higher wages are at the expense of other workers who find their opportunities reduced.
- “For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do.
- “The combination of economic and political power in the same hands is a sure recipe for tyranny.” ― Milton Friedman, Free to Choose: A Personal Statement.
- “A society that puts equality—in the sense of equality of outcome—ahead of freedom will end up with neither equality nor freedom. The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of people who use it to promote their own interests.
- “A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.” ― Milton Friedman.
- “One of the great mistakes is to judge policies and programs by their intentions rather than their results.” ― Milton Friedman.
- “Well first of all, tell me: Is there some society you know that doesn’t run on greed? You think Russia doesn’t run on greed? You think China doesn’t run on greed?
- “The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy.
Apr 21, 2024 · A proponent of classical liberalism and the free market, Friedman’s Free to Choose: A Personal Statement is a testament to his profound wisdom and time-tested theories. In this collection, we’ve curated the best Milton Friedman quotes from the classic book.
“The nineteenth-century liberal regarded an extension of freedom as the most effective way to promote welfare and equality; the twentieth-century liberal regards welfare and equality as either prerequisites of or alternatives to freedom.”
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Free to Choose: A Personal Statement is a 1980 book by economists Milton and Rose D. Friedman, accompanied by a ten-part series broadcast on public television, that advocates free market principles. It was primarily a response to an earlier landmark book and television series The Age of Uncertainty , by the noted economist John Kenneth Galbraith .