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Milton Friedman Quotes: What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
         

What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.


Milton Friedman
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Other quotes of Milton Friedman


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

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



If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.



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

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



You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.

You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.



The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.

The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.



I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.



The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.

The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.



Nothing is so permanent as a temporary government program.

Nothing is so permanent as a temporary government program.



You cannot simultaneously have free immigration and a welfare state.

You cannot simultaneously have free immigration and a welfare state.



The government solution to a problem is usually as bad as the problem.

The government solution to a problem is usually as bad as the problem.





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Energy is what I believe all of us are. We're just conscious awareness dancing for itself for no other reason but to stay amused.

Energy is what I believe all of us are. We're just conscious awareness dancing for itself for no other reason but to stay amused.



You know, sometimes you've got to trust the people you love. You've got to trust that if they're good people, they'll make good decisions.

You know, sometimes you've got to trust the people you love. You've got to trust that if they're good people, they'll make good decisions.




Everything I am seems to be inside my awareness, rather than my awareness being inside of me.

Everything I am seems to be inside my awareness, rather than my awareness being inside of me.



The devil, my friends, is a woman just now. 'Tis a woman that reigns in Hell.

The devil, my friends, is a woman just now. 'Tis a woman that reigns in Hell.



God may still be in His Heaven, but there is more than sufficient evidence that all is not right with the world.

God may still be in His Heaven, but there is more than sufficient evidence that all is not right with the world.



God’s words trump all opinions, including mine, and in the end, I believe God’s words lead to life.

God’s words trump all opinions, including mine, and in the end, I believe God’s words lead to life.



It's nice, though, getting older and being able to do different roles.

It's nice, though, getting older and being able to do different roles.



I believe that when you provide information to people, they become less fearful and they will engage more in their democracy if they are empowered with information.

I believe that when you provide information to people, they become less fearful and they will engage more in their democracy if they are empowered with information.



Being imposes some kind of obligation to find out what's going on.

Being imposes some kind of obligation to find out what's going on.




Quote Description


This page presents the quote "What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.". Author of this quote is Milton Friedman. This quote is about economics, fundamental principles, fascinating, simple, written, fundamentals, principles,.