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Quotes by Milton Friedman
- The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
- The government solution to a problem is usually as bad as the problem.
- The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
- 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 most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
- The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
- The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.
- The power to do good is also the power to do harm.
- The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
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