When you start paying people to be poor, you wind up with an awful lot of poor people.
Milton FriedmanI think a major reason why intellectuals tend to move towards collectivism is that the collectivist answer is a simple one. If there's something wrong, pass a law and do something about it.
Milton FriedmanA society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
Milton FriedmanGeorge Stigler was a delightful correspondent. In a letter from London in 1948, after remarking on the inconvertibility of the pound and the inedible, still-rationed food, he concluded, "So here I am losing weight and gaining pounds.
Milton Friedman