Capitalism and Freedom Quotes

“The major disadvantage of the proposed negative income tax is its political implications. It establishes a system under which taxes are imposed on some to pay subsidies to others. And presumably, these others have a vote.”

― Milton Friedman, Capitalism and Freedom

topic:politics

“The nineteenth-century liberal regarded an extension of freedom as the most effective way to promote welfare and equality; the twentieth-century liberal regards welfare and equality as either prerequisites of or alternatives to freedom.”

― Milton Friedman, Capitalism and Freedom

topic:equality

“In such an economy, there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open...”

― Milton Friedman, Capitalism and Freedom

topic:business