Milton Friedman Quotes About Philosophy
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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.
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Why have we had such a decline in moral climate? I submit to you that a major factor has been a change in the philosophy which has been dominant, a change from belief in individual responsibility to belief in social responsibility. If you adopt the view that a man is not responsible for his own behavior, that somehow society is responsible, why should he seek to make his behavior good?
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Governments never learn. Only people learn.
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My interest in political philosophy was rather casual until I met Hayek.
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The heart of the liberal philosophy is a belief in the dignity of the individual, in his freedom to make the most of his capacities and opportunities according to his own lights.
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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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Doing good with other people's money has two basic flaws. In the first place, you never spend anybody else's money as carefully as you spend your own. So a large fraction of that money is inevitably wasted. In the second place, and equally important, you cannot do good with other people's money unless you first get the money away from them. So that force - sending a policeman to take the money from somebody's pocket - is fundamentally at the basis of the philosophy of the welfare state.
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