...theories should be judged by their ability to predict events rather than by the realism of their assumptions.
Milton FriedmanYou know there are very few Marxists left in the world... they're all in American universities.
Milton FriedmanOnly government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
Milton FriedmanOnly a crisis - actual or perceived - produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.
Milton Friedman