Quotes by Milton Friedman

About Milton Friedman:

Milton Friedman was an American economist, statistician and writer who taught at the University of Chicago for more than three decades. He received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Governments never learn. Only people learn.

Milton Friedman

Concentrated power is not rendered harmless by the good intentions of those who create it.

Milton Friedman

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

Milton Friedman

The power to do good is also the power to do harm.

Milton Friedman

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

Milton Friedman

Inflation is taxation without legislation.

Milton Friedman

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

There's no such thing as a free lunch.

Milton Friedman

Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?

Milton Friedman

Hell hath no fury like a bureaucrat scorned.

Milton Friedman

We have a system that increasingly taxes work and subsidizes nonwork.

Milton Friedman

Author Bio

  • NameMilton Friedman
  • DescriptionAmerican economist, statistician, and writer
  • BornJuly 31, 1912
  • DiedNovember 16, 2006
  • CountryUnited States Of America
  • ProfessionEconomist; Writer; Statistician
  • AwardsNobel Memorial Prize In Economic Sciences; National Medal Of Science; Presidential Medal Of Freedom; Adam Smith Award