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Milton Friedman7 quotes
History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. — Milton Friedman · 1962Inflation is the one form of taxation which can be imposed without any legislative action. — Milton Friedman · 1973There is an invisible hand in politics that operates in the opposite direction to the invisible hand in the market. In politics, individuals who seek to promote only the public good are led by an invisible hand to promote special interests that it was no part of their intention to promote. — Milton Friedman · 1983Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself...economic freedom is also an indispensable means toward the achievement of political freedom. — Milton Friedman · 1962Very few people spend other people's money as carefully as they spend their own. — Milton Friedman · 1975With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves. — Milton Friedman · 1983All 7 quotes →