Education spending will be most effective if it relies on parental choice

Milton Friedman


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Only a crisis - actual or perceived - produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.

Milton Friedman


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We do not influence the course of events by persuading people that we are right when we make what they regard as radical proposals. Rather, we exert influence by keeping options available when something has to be done at a time of crisis.

Milton Friedman


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Governments never learn. Only people learn.

Milton Friedman


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

Milton Friedman

Tag: taxation fiscal-policy



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Nothing is so permanent as a temporary government program.

Milton Friedman


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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.

Milton Friedman


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Hell hath no fury like a bureaucrat scorned.

Milton Friedman

Tag: humor



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The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both

Milton Friedman


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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. That is clearly wrong. If all we want are jobs, we can create any number--for example, have people dig holes and then fill them up again, or perform other useless tasks. Work is sometimes its own reward. Mostly, however, it is the price we pay to get the things we want. Our real objective is not just jobs but productive jobs--jobs that will mean more goods and services to consume.

Milton Friedman

Tag: work economics jobs friedman job-creation



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