Wednesday, June 23, 2010

The Unmatched Wisdom of Milton Friedman

Sometimes all that you need to do is forget about everything else that's going on in the news, sit down, and listen to someone like Milton Friedman...

1 comment:

Tim Shey said...

Here are some good 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)