Posted by “If a private enterprise is a failure, it closes down—unless it can get a government subsidy to keep it going. If a government enterprise fails, it is expanded.” — Milton Friedman
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Milton Friedman said there are 4 ways to spend money: 1. Your money on yourself. 2. Your money on others. 3. Someone else’s money on yourself. 4. Someone else’s money on others. The 4th way is the least effective—and that’s how the government operates.
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Foundation for Economic Education
“To the free man, the country is the collection of individuals who compose it, not something over and above them.” – Milton Friedman
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“Keep your eye on one thing and one thing only: how much government is spending. Because that’s the true tax. If you’re not paying for it in the form of explicit taxes, you’re paying for it in the form of inflation or borrowing.” – Milton Friedman
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Milton Friedman: “Over the years I have again and again asked fellow believers in a free society how they managed to escape the contagion of their collectivist intellectual environment. No name has been mentioned more often as the source of enlightenment than Friedrich Hayek’s.”
Who Watches the Watchers? 