Milton Friedman Economics Quotations

I do not believe there is a natural resource economics. I believe there is good economics and bad economics.

Inflation is always and everywhere a monetary phenomenon.

[U]nemployment is ... a side effect of the cure for inflation.

Nobody spends somebody else's money as carefully as he spends his own.

Society doesn't have values. People have values.

There's no such thing as a free lunch.

A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.