George Stigler was a delightful correspondent. In a letter from London in 1948, after remarking on the inconvertibility of the pound and the inedible, still-rationed food, he concluded, "So here I am losing weight and gaining pounds.
Milton FriedmanHigher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.
Milton FriedmanEducation spending will be most effective if it relies on parental choice & private initiative -- the building blocks of success throughout our society.
Milton FriedmanSee, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true.
Milton Friedman