Milton Friedman Rank
About Milton Friedman
In 1976, he received the Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy.
He advocated volunteer military, freely floating exchange rates, abolition of medical licenses and school vouchers. He is regarded as the most influential economist of the second half of the 20th century be The Economist newspaper.
His Personal Life
He was married and he had 2 children.
Milton Friedman Rank
Famous quotes by Milton Friedman
A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.Milton Friedman
Concentrated power is not rendered harmless by the good intentions of those who create it.Milton Friedman
Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.Milton Friedman
Governments never learn. Only people learn.Milton Friedman
Hell hath no fury like a bureaucrat scorned.Milton Friedman
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.Milton Friedman
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.Milton Friedman
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.Milton Friedman
Inflation is taxation without legislation.Milton Friedman
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.Milton Friedman
Most of the energy of political work is devoted to correcting the effects of mismanagement of government.Milton Friedman
Nothing is so permanent as a temporary government program.Milton Friedman
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.Milton Friedman
So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.Milton Friedman
The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.Milton Friedman
The government solution to a problem is usually as bad as the problem.Milton Friedman
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.Milton Friedman
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.Milton Friedman
The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.Milton Friedman
The only relevant test of the validity of a hypothesis is comparison of prediction with experience.Milton Friedman
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.Milton Friedman
The power to do good is also the power to do harm.Milton Friedman
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.Milton Friedman
Underlying most arguments against the free market is a lack of belief in freedom itself.Milton Friedman
Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.Milton Friedman
We have a system that increasingly taxes work and subsidizes nonwork.Milton Friedman
Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?Milton Friedman
Milton Friedman's Popularity
Milton Friedman was a famous American economist and writer, who was born on July 31, 1912. As a person born on this date, Milton Friedman is listed in our database as the 1st most popular celebrity for the day (July 31) and the 6th most popular for the year (1912).
People born on July 31 fall under the Zodiac sign of Leo, the Lion. Milton Friedman is the 389th most popular Leo.
Aside from information specific to Milton Friedman's birthday, Milton Friedman is the 2370th most famous American and ranks 4th in famous people born in Brooklyn, New York City, New York, U.S.
In general, Milton Friedman ranks as the 3659th most popular famous person of all time. “The Famous Birthdays” catalogs over 25,000 famous people, everyone, from actors to actresses to singers to tiktok stars, from serial killers to chefs to scientists to youtubers and more. If you're curious to see who was born on your birthday, you can use our database to find out who, what, where, when and why. You can search by birthday, birthplace, claim to fame or any other information by typing in the search box, or simply browse our site by selecting the month, the day, the horoscope, or any other clickable option.
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