Milton Friedman

Milton Friedman

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Date created: April 2010

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Milton Friedman Vital Stats

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Birthdate July 31, 1912

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Location Brooklyn, New York

Country United States of America

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Milton Friedman Quotes

We have a system that increasingly taxes work and subsidizes nonwork.

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Well first of all, tell me: Is there some society you know that doesn

Tags: capitalism economics greed

Even the most ardent environmentalist doesn't really want to stop pollution. If he thinks about it, and doesn't just talk about it, he wants to have the right amount of pollution. We can't really afford to eliminate it - not without abandoning all the benefits of technology that we not only enjoy but on which we depend.

Tags: environmentalism

For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. That is clearly wrong. If all we want are jobs, we can create any number--for example, have people dig holes and then fill them up again, or perform other useless tasks. Work is sometimes its own reward. Mostly, however, it is the price we pay to get the things we want. Our real objective is not just jobs but productive jobs--jobs that will mean more goods and services to consume.

Tags: economics friedman jobs work

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