Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
Milton Friedman
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I think the country's getting disgusted with Washington partly because of the decline of civility in government. -
New York State is upside down and backwards high taxes and low performance. The New York State government was at one time a national model. Now, unfortunately, it's a national disgrace. Sometimes, the corruption in Albany could even make Boss Tweed blush. -
If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual. -
As far as your personal goals are and what you actually want to do with your life, it should never have to do with the government. You should never depend on the government for your retirement, your financial security, for anything. If you do, you're screwed. -
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.
More quotes by Milton Friedman
- The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
- The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
- I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
- Inflation is taxation without legislation.
- 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.