History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
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A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
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The government solution to a problem is usually as bad as the problem.
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Governments never learn. Only people learn.
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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.
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Inflation is one form of taxation that can be imposed without legislation.
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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The power to do good is also the power to do harm.
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Never try to walk across a river just because it has an average depth of four feet.
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There's no such thing as a free lunch.
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Friedman, Milton

No biography at present.

11 quotations