Milton Friedman
Milton FriedmanAn Aging society is not a problem if, during one's working live, the individual provides for their retirement.
An Average is often a misleading piece of data. One should never try to walk across a river just because it has an average depth of four feet.
The Black market is a way of getting around government controls, of enabling the free market to work. It was a way of opening up, enabling people.
Business has one and only one responsibility: To use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
Capitalism is a promoter of political freedom because it separates economic power from political power and in this way enables the one to offset the other.
Capitalism 1s 2ssential notion is voluntary cooperation and voluntary exchange. The essential notion of a socialist society, by contrast, is force.
Capitalism is the form of social organization under which greed will do the least harm.
Certainty is not certain unless one understands the arguments against one's views better than one's opponents.
Collectivism is a simple if false argument based on immediate emotion. Individualism is based on a more subtle and sophisticated, indirect rational argument.
Collectivism is appealing to intellectuals because it has a simplistic answer for every problem: Pass a law and do something about it.
Consumption is a metric whereby people have been getting more and more equal. That is the fraction of families that have a dishwasher, a sewing machine, and a television set is increasingly small.
