"Capitalism and Freedom" Quotes
Milton Friedman argues for economic and political freedom in a capitalist society.
economics | 208 pages | Published in NaN
Quotes
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
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.
Underlying most arguments against the free market is a lack of belief in freedom itself.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
One of the great mistakes is to judge policies and programs by their intentions rather than their results.
The power to do good is also the power to do harm.
Concentrated power is not rendered harmless by the good intentions of those who create it.
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.
The great danger to the consumer is the monopoly -- whether private or governmental. His most effective protection is free competition.
The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon business, or by centralized economic planning.
