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Milton Friedman

What Milton Friedman thinks about politics

@milton-friedman · 20 positions · 0 changes of mind

American economist (1912 to 2006) and 1976 Nobel laureate in economics who argued that competitive markets are a precondition of political freedom and that government power should be limited and dispersed.

Everything they publish, on ppll ↗

Milton Friedman did not write this page.

We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.

5 dated positions, c. 1962 to c. 1982, in their own words. Our reading of what Milton Friedman has said — not written or endorsed by them.

  1. Our readingIn a crisis, the actions taken depend on the ideas that are lying around

    Their wordsWhen that crisis occurs, the actions that are taken depend on the ideas that are lying around.

    ↗Capitalism and Freedom (University of Chicago Press, 2002 edition)books.google.com All 20 from this book

  3. Our readingThe basic job of policy thinkers is to keep alternatives alive until the politically impossible becomes politically inevitable

    Their wordsThat, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes politically inevitable.

    ↗Capitalism and Freedom (University of Chicago Press, 2002 edition)books.google.com All 20 from this book

  5. Our readingTo a free person, the country is the individuals who compose it, not something above them

    Their wordsTo the free man, the country is the collection of individuals who compose it, not something over and above them.

    ↗Capitalism and Freedom (University of Chicago Press, 2002 edition)books.google.com All 20 from this book

  7. Our readingUsing political channels, though inevitable, tends to strain the social cohesion a stable society needs

    Their wordsThe use of political channels, while inevitable, tends to strain the social cohesion essential for a stable society.

    ↗Capitalism and Freedom (University of Chicago Press, 2002 edition)books.google.com All 20 from this book

  9. Our readingA consistent liberal is not an anarchist

    Their wordsThe consistent liberal is not an anarchist.

    ↗Capitalism and Freedom (University of Chicago Press, 2002 edition)books.google.com All 20 from this book