And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?
Milton FriedmanSo long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.
Milton FriedmanWhat makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
Milton FriedmanThe problem in this world is to avoid concentration of power - we must have a dispersion of power.
Milton FriedmanA minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
Milton Friedman