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.
More Quotes from 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
I strongly urge the voters of Colorado to reject Referendum C, or any action that would suspend Colorado's Taxpayers Bill of Rights. I strongly favor the continued and uninterrupted use of TABOR, including it's so called ratchet mechanism. The ratchet is one of the best features of TABOR. It is the only thing that will reduce out-of-control government spending.
Milton Friedman
So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible And my answer to that is, no they do not.
Milton Friedman
Minimum Wage. In Free to Choose, ... . . . the minimum wage law to be one of the most, if not the most anti-black law on the statute books.
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
I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
Milton Friedman
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Based on Topics: Unemployment QuotesBased on Keywords: instability, mismanagement
There are always new, grander challenges to confront, and a true winner will embrace each one.
Mia Hamm
We were with Frank as part of his very last tour.
Eydie Gorme
I had rather have a plain, russet-coated Captain, that knows what he fights for, and loves what he knows, than that which you call a Gentle-man and is nothing else.
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