Milton Friedman Quotes


A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.


Citations

Friedman, Milton, and Rose Friedman. Free to Choose: A Personal Statement. Harcourt Brace Jovanovich, 1980, p. 148.

Related Quotes

Although Holland was more egalitarian and fairer than most nations of Europe, it was not quite as desirable as Diderot described it. He only visited a part of Holland that was the most educated and affluent.


As hard as it is for us to imagine today, while her husband was President of the United States, the First Lady wrote a nationally syndicated newspaper column every single day with politics frequently the subject. While she usually agreed with the President, there were occasions where they seemed to not see things exactly the same. She tended to be more liberal than he. However, there were those who believed that when she criticized politicians, it was with FDR’s knowledge and blessing and she sometimes did his “dirty work.” Eleanor Roosevelt was one of the most influential people in the country—certainly more-so than any First Lady before and since.


Milton Friedman
Milton Friedman
  • Born: July 31, 1912
  • Died: November 16, 2006
  • Nationality: American
  • Profession: Economist

Milton Friedman was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students and young professors who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr.