No central banker would disagree with the proposition that inflation is primarily a monetary phenomenon. Not one of them will disagree that every inflation has been accompanied by a rapid increase in the quantity of money and every deflation by a decline in the quantity of money.
Milton FriedmanPersonal freedom has grown greatly within China, and that will provoke ever more points of conflict between the individual and state.
Milton FriedmanPositive economics is in principle independent of any particular ethical position or normative judgment...In short, positive economics is or can be an "objective" science.
Milton FriedmanThe unions might be good for the people who are in the unions but it doesn't do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn't do a thing for them.
Milton Friedman