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Top 300 Milton Friedman Quotes (2026 Update)
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Milton Friedman Quote: “It is ironic that the Great Depression was produced by government but was blamed on the private enterprise system. The Federal Reserve System explained in its 1933 annual report how much worse things would have been if the Federal Reserve had not behaved so well, yet the Federal Reserve was the chief culprit in making the depression as deep as it was. So the government produced the depression, the private enterprise system got blamed for it, and there was a tremendous change in attitudes.”

301. “It is ironic that the Great Depression was produced by government but was blamed on the private enterprise system. The Federal Reserve System explained in its 1933 annual report how much worse things would have been if the Federal Reserve had not behaved so well, yet the Federal Reserve was the chief culprit in making the depression as deep as it was. So the government produced the depression, the private enterprise system got blamed for it, and there was a tremendous change in attitudes.”

— Milton Friedman

Milton Friedman Quote: “We do not influence the course of events by persuading people that we are right when we make what they regard as radical proposals. Rather, we exert influence by keeping options available when something has to be done at a time of crisis.”

302. “We do not influence the course of events by persuading people that we are right when we make what they regard as radical proposals. Rather, we exert influence by keeping options available when something has to be done at a time of crisis.”

— Milton Friedman

Milton Friedman Quote: “The Soviet experience was much worse than experts in the West had thought. That discovery had a tremendous impact both on the intellectual community and on the public at large.”

303. “The Soviet experience was much worse than experts in the West had thought. That discovery had a tremendous impact both on the intellectual community and on the public at large.”

— Milton Friedman

Milton Friedman Quote: “The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the “rule of the game” and as an umpire to interpret and enforce the rules decided on.”

304. “The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the “rule of the game” and as an umpire to interpret and enforce the rules decided on.”

— Milton Friedman

Milton Friedman Quote: “In fiscal policy as in monetary policy, all political considerations aside, we simply do not know enough to be able to use deliberate changes in taxation or expenditures as a sensitive stabilizing mechanism.”

305. “In fiscal policy as in monetary policy, all political considerations aside, we simply do not know enough to be able to use deliberate changes in taxation or expenditures as a sensitive stabilizing mechanism.”

— Milton Friedman

Milton Friedman Quote: “On another level compulsion would change matters drastically: the kind of society that would emerge if such acts of redistribution were voluntary is altogether different – and, by our standards, infinitely preferable – to the kind that would emerge if redistribution were compulsory.”

306. “On another level compulsion would change matters drastically: the kind of society that would emerge if such acts of redistribution were voluntary is altogether different – and, by our standards, infinitely preferable – to the kind that would emerge if redistribution were compulsory.”

— Milton Friedman

Milton Friedman Quote: “The “something” that connects the two transactions is called money, and it has taken innumerable physical forms – from stones to feathers to tobacco to shells to copper, silver, and gold to pieces of paper and entries in ledger books. Who knows what will be the future incarnations of money? Computer bytes?”

307. “The “something” that connects the two transactions is called money, and it has taken innumerable physical forms – from stones to feathers to tobacco to shells to copper, silver, and gold to pieces of paper and entries in ledger books. Who knows what will be the future incarnations of money? Computer bytes?”

— Milton Friedman

Accountability Quotes

Accountability Quotes

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Accountability Quotes

Accountability Quotes

Quotes About Money

Quotes About Money

Making Money Quotes

Making Money Quotes

Sarcastic Quotes

Sarcastic Quotes

Efficiency Quotes

Efficiency Quotes

Government Quotes

Government Quotes

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