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.
More Quotes from Milton Friedman:
The power to do good is also the power to do harm.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
Governments never learn. Only people learn.
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
Have all these countries found a genius like Greenspan ... What the foreign experience suggests is, you don't need a genius. You just need someone willing to make fighting inflation his top priority.
Milton Friedman
We have a system that increasingly taxes work and subsidizes nonwork.
Milton Friedman
Readers Who Like This Quotation Also Like:
The fact is that we cannot drill our way to independence. We cannot drill our way to freedom, and we cannot drill our way to create jobs in this country.Jay Inslee
I've been on so many blind dates, I should get a free dog.
Wendy Liebman
For me the most moving moment came when I first started working on 2001. I was already in awe of him, and he had very much already become Stanley Kubrick by the time the film started.
Keir Dullea