Inflation is the one form of taxation that can be imposed without legislation.
More Quotes from Milton Friedman:
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.Milton Friedman
Governments never learn. Only people learn.
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
Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion the technique of the army and of the modern totalitarian state. The other is voluntary cooperation of individuals the technique of the marketplace.
Milton Friedman
If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention. This is an important reason why many earlier liberals, like Henry Simons, writing at a time when government was small by today's standards, were willing to have government undertake activities that today's liberals would not accept now that government has become so overgrown.
Milton Friedman
The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.
Milton Friedman
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Based on Topics: Business & Commerce QuotesI go to clubs and if I notice the DJs are playing the records faster, then I'll push the beats a little on the next record I make. A lot of people don't know how to watch out for things like that.
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I was born in very sorry circumstances.
Norman Wisdom
But on the other hand I believe I'm a private person too, and I enjoy that aspect of my life as well.
Beau Bridges