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economist Capitalism Libertarianism. Monetarism Free markets

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

- Milton Friedman

Other quotes by Milton Friedman


Work Government

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

- Milton Friedman
Work Government People

The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.

- Milton Friedman
Knowledge

Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.

- Milton Friedman
Vision Friend Freedom

Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.

- Milton Friedman
Freedom History

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

- Milton Friedman
Right Want People

I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.

- Milton Friedman

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God sleeps in the minerals, awakens in plants, walks in animals, and thinks in man.

- Arthur Young

Men are mortal. So are ideas. An idea needs propagation as much as a plant needs watering. Otherwise both will wither and die.

- B. R. Ambedkar

Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments.

- Jeffrey Sachs

We've taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well.

- Jeffrey Sachs

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