On aging societies, there is no reason why a country that has a lot of old people can't be prosperous if, during their working lives, individuals provide for their retirement.
Milton FriedmanIf freedom led to wider inequality, I would prefer that to a world in which I got artificial equality at the expense of freedom. My objective, my god... is freedom of individuals to pursue their own values.
Milton FriedmanI think that nothing is so important for freedom as recognizing in the law each individualโs natural right to property, and giving individuals a sense that they own something that theyโre responsible for, that they have control over, and that they can dispose of.
Milton FriedmanDoing good with other people's money has two basic flaws. In the first place, you never spend anybody else's money as carefully as you spend your own. So a large fraction of that money is inevitably wasted. In the second place, and equally important, you cannot do good with other people's money unless you first get the money away from them. So that force - sending a policeman to take the money from somebody's pocket - is fundamentally at the basis of the philosophy of the welfare state.
Milton Friedman