I think that nothing is so important for freedom as recognizing in the law each individualโs natural right to property, and giving individuals a sense that they own something that theyโre responsible for, that they have control over, and that they can dispose of.
Milton FriedmanYou can only make money if you buy a product, whatever it is - maybe a currency, maybe wheat and maybe something else - at a relatively low price and sell it at a higher price than you buy it at. There's no other way to make money.
Milton FriedmanI am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
Milton FriedmanI think that the Internet is going to be one of the major forces for reducing the role of government.
Milton FriedmanItaly may well be the main problem. It has benefited most from the euro by having been able to get the euro interest rate instead of what otherwise would have been its own. That would be much higher because Italy has been accumulating so much debt. In the past, Italy has inflated away its debt. The virtue of the euro is that Italy can't do it alone. A tight ECB policy wouldn't permit that to happen again.
Milton Friedman