The important issue is not how much inequality there is but how much opportunity there is for individuals to get out of the bottom classes and into the top. If there is enough movement upward, people will accept the efficiency of the markets. If you have opportunity, there is a great tolerance for inequality. That has been the saving grace of the American system.
Milton FriedmanProhibition is an attempted cure that makes matters worse - for both the addict and the rest of us.
Milton FriedmanThe Founding Fathers envisioned a federal government that trusts its people with their money and freedom, outlining this limited, non-intrusive federal government in...the Constitution, leaving the other powers to people...or to the states.
Milton FriedmanIndeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
Milton FriedmanEducation spending will be most effective if it relies on parental choice & private initiative -- the building blocks of success throughout our society.
Milton Friedman