Quotes

Milton Friedman (5)

"Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property."

Milton Friedman

Milton Friedman (4)

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

Milton Friedman

Friedrich August von Hayek (5)

"To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm."

Friedrich August von Hayek