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" There's no such thing as a free lunch. "
Milton Friedman
Free
Free Lunch
Lunch
Related Quotes:
" When government - in pursuit of good intentions - tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player. "
Milton Friedman
Government
Help
Freedom
" Columbus did not seek a new route to the Indies in response to a majority directive. "
Milton Friedman
Columbus
New
Seek
" Governments never learn. Only people learn. "
Milton Friedman
Learn
Only
People
" 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
Friend
I Am
Freedom
" The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes. "
Milton Friedman
Important
Think
Government
" And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout? "
Milton Friedman
Think
People
Me
" The only relevant test of the validity of a hypothesis is comparison of prediction with experience. "
Milton Friedman
Test
Comparison
Only
" 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
Society
Greed
Know
" The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom. "
Milton Friedman
Way
Together
People
" The power to do good is also the power to do harm. "
Milton Friedman
Power
Also
Good
" Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. "
Milton Friedman
Nation
Government
Military
" The government solution to a problem is usually as bad as the problem. "
Milton Friedman
Bad
Problem
Government
" I think that the Internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash - a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A. "
Milton Friedman
You
Government
Internet
" So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. "
Milton Friedman
People
Way
Free
" Most of the energy of political work is devoted to correcting the effects of mismanagement of government. "
Milton Friedman
Work
Political
Government
" Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. "
Milton Friedman
Only
Good
Politics
" One man's opportunism is another man's statesmanship. "
Milton Friedman
Statesmanship
Another
Man
" 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. "
Milton Friedman
Capitalism
Greed
Organization
" Inflation is the one form of taxation that can be imposed without legislation. "
Milton Friedman
Form
Inflation
Taxation
" Hell hath no fury like a bureaucrat scorned. "
Milton Friedman
Like
Politics
Scorned
" Underlying most arguments against the free market is a lack of belief in freedom itself. "
Milton Friedman
Against
Belief
Free
" Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another. "
Milton Friedman
Assume
Economic
Pie
" The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government. "
Milton Friedman
Government
Never
Science
" Concentrated power is not rendered harmless by the good intentions of those who create it. "
Milton Friedman
Good
Good Intentions
Power
" Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. "
Milton Friedman
Belief
Group
Freedom
" The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way. "
Milton Friedman
World
Way
Self
" Is it really true that political self-interest is nobler somehow than economic self-interest? "
Milton Friedman
Self-Interest
Economic
Political
" Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. "
Milton Friedman
Want
Government
More
" Nothing is so permanent as a temporary government program. "
Milton Friedman
Program
Nothing
Government
" History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. "
Milton Friedman
Capitalism
History
Political