“What would the people who sold us goods do with the money? They'd get dollars. What would they do with the dollars? Eat them?!” PeopleDollarsGoods Author:Milton Friedman
“In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.” EndsProductsTradeResponseSuggestionsUnemploymentCheaperFree TradeFlooding Author:Milton Friedman
“If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.” PeopleIfsPayTaxesUnemployment Author:Milton Friedman
“Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.” PoorRichProgressEconomicAll TimeEconomic Progress Author:Milton Friedman
“Complete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest.” InterestSpecialTradeSpecial InterestsFree Trade Author:Milton Friedman
“The benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible. It's spread widely. There are people that don't have jobs because of tariffs but they don't know it.” PeopleKnowsDoeJobsBenefitsUnionsWorkersSpreadHarmInvisibleVisibleProtectedTariffs Author:Milton Friedman
“Corruption is government intrusion into market efficiencies in the form of regulations.” GovernmentFormCorruptionRegulationEfficiencyIntrusionMarket Efficiency Author:Milton Friedman
“The stock market and economy are two different things.” TwoDifferentEconomyDifferent ThingsTwo Different Things Author:Milton Friedman
“Leaders who fail to prune their pride will meet demise. That's not a guess, it's a guarantee. With pride, it's not a matter of 'if' we will fall, but 'when.' There are no exceptions.” IfsMatterFallLeaderFailingPrideGuaranteesExceptionDemisePrunes Author:John C. Maxwell
“Tell a thousand people to draft a letter, let them debate every phrase, and see how long it takes and what you get.” PeopleLongActionThousandLettersDebatePhrasesBureaucracy Author:Catherine the Great