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Quote by Milton Friedman

“Nobody spends somebody else's money as carefully as he spends his own.”

Quote by Milton Friedman

Book:Friedman in China

Work

Friedman in China

This book explores the influence of Milton Friedman's economic principles on China, examining how his theories have shaped the country's economic policies and growth over the years. more

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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“If a tax cut increases government revenues, you haven't cut taxes enough.”

Ifs Enough Government Politics Cutting Economic Havens Taxes Economics Increase Revenue Tax Cuts

Author:Milton Friedman

“Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.”

States Political Forget Mankind Misery Tyranny Globes Typical Free Society Servitude Political Freedom

Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“To the free man, the country is the collection of individuals who compose it, not something over and above them... He recognizes no national goal except as it is the consensus of the goals that the citizens severally serve. He recognizes no national purpose except as it is the consensus of the purposes for which the citizens severally strive.”

Men Country Purpose Individual Goal Citizens Strive Collections Consensus Free Man

Author:Milton Friedman

“I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the stock of money, and equally of no sharp decline in the stock of money that was not accompanied by a severe depression.”

Knows Country Decline Severe

Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“So long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.”

Long Games Capitalism Competition Deception Fraud Social Responsibility Rules Of The Game Corporate Social Responsibility

Book:Capitalism and Freedom: Fortieth Anniversary Edition

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“Man himself is the beginning and the end of every economy.”

Men Ends Economy

Book:Origins of Money, The

Source: Origins of Money, The

“Ask yourself why totalitarian dictatorships find it necessary to pour money and effort into propaganda for their own helpless, chained, gagged slaves, who have no means of protest or defense. The answer is that even the humblest peasant or the lowest savage would rise in blind rebellion, were he to realize that he is being immolated, not to some incomprehensible noble purpose, but to plain, naked human evil.”

Source: Ayn Rand Reader

“And what is the state but a servant and a convenience for a large number of people, just like the electric light and the plumbing system? And wouldnt it be preposterous to claim that men must exist for their plumbing, not the plumbing for the men.”

People Men States Light Numbers He Man Claims Servant Electric Convenience Large Numbers Plumbing Electric Light

Book:We the Living

Source: We the Living

“The right to life is the source of all rights -- and the right to property is their only implementation. Without property rights, no other rights are possible. Since man has to sustain his life by his own effort, the man who has no right to the product of his effort has no means to sustain his life. The man who produces while others dispose of his product, is a slave.”

Men Mean Life Is Effort Rights Produce He Man Products Source Property Slave Property Rights Implementation Right To Life

Book:Ayn Rand Reader

Source: Ayn Rand Reader

“I am not primarily an advocate of capitalism, but of egoism; I am not primarily an advocate of egoism, but of reason. If one recognizes the supremacy of reason and applies it consistently, all the rest follows.”

Ifs Reason Capitalism Consistently Altruism Egoism Supremacy Selfish Reasons

Book:The Ayn Rand Lexicon: Objectivism from A to Z

Source: The Ayn Rand Lexicon: Objectivism from A to Z