We economists don't know much, but we do know how to create a shortage. If you want to … - Milton Friedman

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Most women are indulgent of themselves. This is a mistake. It should be only the reward of old age.

Milton Friedman

We economists don't know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for example, just pass a law that retailers can't sell tomatoes for more than two cents per pound. Instantly you'll have a tomato shortage. It's the same with oil or gas.

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You must distinguish sharply between being pro free enterprise and being pro business.

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The broader and more influential organisations of businessmen have acted to undermine the basic foundation of the free market system they purport to represent and defend.

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Look, for example, at the obvious, immediate, practical example of illegal Mexican immigration. Now, that Mexican immigration, over the border, is a good thing. It's a good thing for the illegal immigrants. It's a good thing for the United States. It's a good thing for the citizens of the country. But, it's only good so long as its illegal.

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Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.

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Never try to walk across a river just because it has an average depth of four feet.

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