Quote #18
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 keeps down the number of jobs, it doesn't do a thing for them.
More from Milton Friedman
- There's a smokestack on the back of every government program.
- 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 Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933
- 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…
- 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…
- 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…
- 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 a libertarian with a small l and a Republican with a capital R. And I am a Republican with a capital R on grounds of expediency, not o…