It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis.
Milton FriedmanThere is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves.
Milton FriedmanTo the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
Milton FriedmanWhat's the difference? How can people be so inconsistent? Why is it that free immigration was a good thing before 1914 and free immigration is a bad thing today? Well, there is a sense in which that answer is right. There's a sense in which free immigration, in the same sense as we had it before 1914 is not possible today. Why not?
Milton Friedman