Milton Friedman Quotes


It's a moral problem that the government is making into criminals people, who may be doing something you and I don't approve of, but who are doing something that hurts nobody else.


Citations

Friedman, Milton. Interview by Richard Cowan. America's Drug Forum, 1991.

Related Quotes

This was a criticism of most Republicans who generally claimed that they were against big government and government interference. Except however, they tended to support strong government interference about abortion, contraception, and other issues involving women’s control over their bodies. The Republicans mostly favored government prohibiting personal drug taking, couples right to divorce, right to marry, homosexual behavior, the right to die and other personal issues. However, Frank, who espoused government non-interference in these areas, was one of the strongest advocates in Congress for government interference with business and commercial activities.


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.