I say thank God for government waste. If government is doing bad things, it's only the waste that prevents the harm from being greater.
Milton FriedmanThe central banks cannot control interest rates. That's a mistake. They can control a particular rate, such as the Federal Funds rate, if they want to, but they can't control interest rates.
Milton FriedmanWe measure poverty by what I believe is a very, very crude concept. We actually measure poverty by trying to get some kind of an estimate of the minimum expenditures on food that are required to maintain health, multiplying that number by three, and saying that's the level of poverty. And it's a very crude, inaccurate arrangement.
Milton FriedmanCongress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay
Milton Friedman