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Milton Friedman Quotes: 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.
         

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.


Milton Friedman
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"Milton Friedman Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/The-problem-of-social-organization-is-how-899783>.





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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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What I believe to be true I must therefore preserve. What seems to me so obvious, even against me, I must support.

What I believe to be true I must therefore preserve. What seems to me so obvious, even against me, I must support.



wonder what day god created the egg' 'how should we know? we should not question. our stay on earth is not for long. let us rejoice and believe and give thanks'. 'eat a egg

wonder what day god created the egg' 'how should we know? we should not question. our stay on earth is not for long. let us rejoice and believe and give thanks'. 'eat a egg



In all my years as an actor, I had never been me - I had always hidden behind my glasses, mustaches and funny voices.

In all my years as an actor, I had never been me - I had always hidden behind my glasses, mustaches and funny voices.



I just think I have always had a good attitude about everything and never got ahead of myself. No one wants to work with a jerk.

I just think I have always had a good attitude about everything and never got ahead of myself. No one wants to work with a jerk.



For twenty years I have ached to go back home, when there was nobody there to whom I could return.

For twenty years I have ached to go back home, when there was nobody there to whom I could return.



I need an endorphin boost.” “And making out in an abandoned barn with me will give you one?” “No, it will probably put me in an endorphin coma, and I’m more than happy to test the theory.

I need an endorphin boost.” “And making out in an abandoned barn with me will give you one?” “No, it will probably put me in an endorphin coma, and I’m more than happy to test the theory.



Community means that people come together around the table, not just to feed their bodies, but to feed their minds and their relationships.

Community means that people come together around the table, not just to feed their bodies, but to feed their minds and their relationships.



I will not allow yesterday's success to lull me into today's complacency, for this is the great foundation of failure.

I will not allow yesterday's success to lull me into today's complacency, for this is the great foundation of failure.



The humanities don't belong to some elitist group... knowledge as a whole should be embraced.

The humanities don't belong to some elitist group... knowledge as a whole should be embraced.



A soup like this is not the work of one man. It is the result of a constantly refined tradition. There are nearly a thousand years of history in this soup.

A soup like this is not the work of one man. It is the result of a constantly refined tradition. There are nearly a thousand years of history in this soup.




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This page presents the quote "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.". Author of this quote is Milton Friedman. This quote is about social, capitalism, harm, philosophy, problem, greed, organization, kind,.