Quote #17
There's a smokestack on the back of every government program.
More from Milton Friedman
- The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933
- The unions might be good for the people who are in the unions but it doesn't do a thing for the people who are unemployed because the union…
- 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 o…
- The use of quantity of money as a target has not been a success. I'm not sure that I would as of today push it as hard as I once did.
- The stock of money, prices and output was decidedly more unstable after the establishment of the Reserve System than before. The most drama…
- I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. The reason I am is becau…
- A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
- There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out…