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Quote by Milton Friedman

“I want people to take thought about their condition and to recognize that the maintenance of a free society is a very difficult and complicated thing and it requires a self-denying ordinance of the most extreme kind”

Quote by Milton Friedman

Author

Milton Friedman

Milton Friedman was a renowned economist known for his contributions to the field of free-market economics. His research in monetary economics, consumer behavior, and tax policy has had a profound impact. more

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“Only a crisis—actual or perceived—produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around.”

Ideas Real Action Lying Taken Produce Depends Crisis Neoliberalism Real Change

Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“You must distinguish sharply between being pro free enterprise and being pro business.”

Enterprise Free Enterprise Economic Freedom

Author:Milton Friedman

“It is my view that what is important is cutting government spending, however spending is financed. A so-called deficit is a disguised and hidden form of taxation. The real burden on the public is what government spends (and mandates others to spend). As I have said repeatedly, I would rather have government spend one trillion dollars with a deficit of a half a trillion than have government spend two trillion dollars with no deficit.”

Said Two Important Real Government Form Views Half Cutting Dollars Burden Spending Taxation Deficit Mandates Government Spending

Author:Milton Friedman

“The way you solve things is by making it politically profitable for the wrong people to do the right thing.”

People Way Solve Right Thing Profitable

Author:Milton Friedman

“Thanks to economists, all of us, from the days of Adam Smith and before right down to the present, tariffs are perhaps one tenth of one percent lower than they otherwise would have been. And because of our efforts, we have earned our salaries ten-thousand fold.”

Has Beens Effort Thousand Ten Percent Thanks Adam Economist Salary Folds Tariffs

Author:Milton Friedman

“Look around you and look at history. You will see the achievements of man’s mind. You will see man’s unlimited potentiality for greatness, and the faculty that makes it possible. You will see that man is not a helpless monster by nature, but he becomes one when he discards that faculty: his mind. And if you ask me, what is greatness? I will answer, it is the capacity to live by the three fundamental values of John Galt: reason, purpose, self-esteem.”

Ifs Men Mind Looks Self Reason Purpose Values Three Asks Answers Self Esteem Greatness Achievement Capacity Fundamentals Monsters Esteem Ask Me Live By Faculty Helpless Unlimited

Author:Ayn Rand

“For they have nothing to fight me with, save the brute force of their numbers. I have my mind.”

Mind Fighting Force Numbers Brutes Brute Force

Book:Anthem

Source: Anthem

“No extension of foreign trade will immediately increase the amount of value in a country, although it will very powerfully contribute to increase the mass of commodities and therefore the sum of enjoyments.”

Country Values Amount Mass Increase Trade Enjoyment Commodity Extensions Very Powerful Foreign Trade

Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

Source: The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

“The farmer and manufacturer can no more live without profit than the labourer without wages.”

Business Company Economics Workers Profit Makers Farmers Wages Farming Labourers

Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

Source: The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

“But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.”

Clear Depends Demand Connections Labour Labourers

Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

Source: The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch