Japan has introduced fiscal stimulus five times in the past seven or eight years and each time it's been a failure and that's not a surprise. Fiscal stimulus is not stimulating in and of itself.
Milton FriedmanGovernment is a way by which every individual believes he can live at the expense of everybody else.
Milton FriedmanFew trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.
Milton FriedmanThe combination of economic and political power in the same hands is a sure recipe for tyranny.
Milton Friedman