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Uncommon Sense

Pithy sayings and brilliant observations

Tag: Milton Friedman

(1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, “ultimate guru of the free-market system”

Concentrated power

Concentrated power is not rendered harmless by the good intentions of those who create it.

Author Greg RavenPosted on May 7, 2009November 1, 2018Format QuoteCategories decentralizationTags Milton Friedman

Belief in the free market

Underlying most arguments against the free market is a lack of belief in freedom itself.

Author Greg RavenPosted on April 4, 2009November 1, 2018Format QuoteCategories capitalism, libertyTags Milton Friedman

Private sector vs. public sector

If a private enterprise is a failure, it is closed down — unless it can get a government subsidy to keep it going; if a government enterprise is a failure, it is expanded. I challenge you to find exceptions.

Author Greg RavenPosted on April 4, 2009November 1, 2018Format QuoteCategories governmentTags Milton Friedman

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“Perhaps the sentiments contained in the following pages, are not yet sufficiently fashionable to procure them general favor; a long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom. But the tumult soon subsides.” — Thomas Paine

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