And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?
Milton Friedman0
Next quotes
Milton Friedman:
Is it really true that political self-interest is nobler somehow than economic self-interest?Milton Friedman:
I think that the Internet is going to be one of the major forces for reducing the role of governmenMilton Friedman:
Government has three primary functions. It should provide for military defense of the nation. It shMilton Friedman:
When government - in pursuit of good intentions - tries to rearrange the economy, legislate moralitPaul Samuelson:
In 1936, money had no important role. Interest rates were one-eighth of one-eighth of one per cent.Paul Samuelson:
It is dead wrong about necessary surplus of winnings over losings.Paul Samuelson:
The remarkable fact is not how much government does to control economic activity, but how much it dPaul Samuelson:
The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major rolePaul Samuelson:
Today we see how utterly mistaken was the Milton Friedman notion that a market system can regulatePaul Samuelson:
In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, w