Universities exist to transmit knowledge and understanding of ideas an…

“Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.”

Milton Friedman · Knowledge

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Milton Friedman

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

Freedom

Milton Friedman

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

Government

Milton Friedman

The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.

Government

Milton Friedman

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

Government

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