Milton Friedman Quotes
Who was Milton Friedman?
| Born | July 31, 1912 |
|---|---|
| Died | November 16, 2006 |
| Aged | 94 years old |
Books by Milton Friedman
Best 10 Quotes by Milton Friedman
“A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.”
“Anybody who was easily converted was not worth converting.”
“He moves fastest who moves alone.”
“Hell hath no fury like a bureaucrat scorned.”
“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”
“Most of the energy of political work is devoted to correcting the effects of mismanagement of government.”
“Nothing is so permanent as a temporary government program.”
“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”
“There's no such thing as a free lunch.”
“We have a system that increasingly taxes work and subsidizes nonwork.”
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“In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”
