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Milton Friedman Quotes: The only reason free markets have a ghost of a chance is that they are so much more efficient than any other form of organization.
         

The only reason free markets have a ghost of a chance is that they are so much more efficient than any other form of organization.


Milton Friedman
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Other quotes of Milton Friedman


A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.

A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.



If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.



Underlying most arguments against the free market is a lack of belief in freedom itself.

Underlying most arguments against the free market is a lack of belief in freedom itself.



You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.

You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.



The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.

The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.



I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.



The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.

The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.



Nothing is so permanent as a temporary government program.

Nothing is so permanent as a temporary government program.



You cannot simultaneously have free immigration and a welfare state.

You cannot simultaneously have free immigration and a welfare state.



The government solution to a problem is usually as bad as the problem.

The government solution to a problem is usually as bad as the problem.





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Our problem as Americans -- at least, among my race and gender -- is that we resist the very idea of limits, regarding limits of all sorts as temporary and regrettable impositions on our lives.

Our problem as Americans -- at least, among my race and gender -- is that we resist the very idea of limits, regarding limits of all sorts as temporary and regrettable impositions on our lives.



There was nothing glorious about the life of a drinker or the life of a writer.

There was nothing glorious about the life of a drinker or the life of a writer.



HELLO! Look at me. HELLO! I am so ZEN. This is BLOOD. This is NOTHING. Hello. Everything is nothing, and it's so cool to be ENLIGHTENED. Like me.

HELLO! Look at me. HELLO! I am so ZEN. This is BLOOD. This is NOTHING. Hello. Everything is nothing, and it's so cool to be ENLIGHTENED. Like me.



When I started making my own records, I had this idea of drowning out the singer and putting the rest in the foreground. It was the background that interested me.

When I started making my own records, I had this idea of drowning out the singer and putting the rest in the foreground. It was the background that interested me.



Maybe my audiences can enjoy my music more if they think I'm destroying myself.

Maybe my audiences can enjoy my music more if they think I'm destroying myself.



You can't let the fear of something completely and absolutely inevitable.

You can't let the fear of something completely and absolutely inevitable.



New York was something like a circus performer walking a tightrope an juggling at the same time....It could barely maintain its position, but an movement would tip the whole balance.

New York was something like a circus performer walking a tightrope an juggling at the same time....It could barely maintain its position, but an movement would tip the whole balance.



Crime is increasing, trigger happy policing. Panic is spreading, God knows where we're heading.

Crime is increasing, trigger happy policing. Panic is spreading, God knows where we're heading.



While raising my children, I would like to take on other challenges.

While raising my children, I would like to take on other challenges.



I've always wanted to do a female buddy film, the kind the guys get to do.

I've always wanted to do a female buddy film, the kind the guys get to do.




Quote Description


This page presents the quote "The only reason free markets have a ghost of a chance is that they are so much more efficient than any other form of organization.". Author of this quote is Milton Friedman. This quote is about form, efficient, reason, ghost, chance, organization,.