If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment.
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 FriedmanWith some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.
Milton FriedmanThe only reason free markets have a ghost of a chance is that they are so much more efficient than any other form of organization.
Milton Friedman