We measure poverty by what I believe is a very, very crude concept. We actually measure poverty by trying to get some kind of an estimate of the minimum expenditures on food that are required to maintain health, multiplying that number by three, and saying that's the level of poverty. And it's a very crude, inaccurate arrangement.
Milton FriedmanI think it's a scandal what has been happening in the school system so far as lower income classes. The dropout rates, the illiteracy rate, you know literacy in the United States was a lot higher in 1890 than it is now.
Milton FriedmanMost economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Milton FriedmanOnly a crisisโactual or perceivedโproduces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around.
Milton FriedmanThe way you solve things is by making it politically profitable for the wrong people to do the right thing.
Milton Friedman