Milton Friedman: Frasi in inglese (pagina 3)

Milton Friedman era economista statunitense. Frasi in inglese.
Milton Friedman: 214   frasi 17   Mi piace

“I’m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.”

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Milton Friedman

As quoted in ‪If Ignorance Is Bliss, Why Aren't There More Happy People? (2009) ‬by John Mitchinson, p. 87

“The use of quantity of money as a target has not been a success. I'm not sure that I would as of today push it as hard as I once did.”

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Milton Friedman

Financial Times [UK] (7 June 2003)

“So far, twenty-two people have received the Nobel award in economics. Not one of them has been female—so, to judge only from the past, the most important thing to do if you want to be a Nobel laureate is to be male. I hasten to add that the absence of females is not, I believe, attributable to male chauvinist bias on the part of the Swedish Nobel Committee. I believe that the economics profession as a whole would have been nearly unanimous that, during the period in question, only one female candidate met the relevant standards—the English economist Joan Robinson, who has since died. The failure of the Nobel Committee to award her a prize may well have reflected bias but not sex bias. The economists here will understand what I am talking about. … A second requirement is to be a U. S. citizen. Twelve of the twenty-two recipients of the Nobel Prize were from the United States, four from the United Kingdom, two from Sweden, and one each from four other countries. … Of the twelve Americans who have won the Nobel Prize in economics, nine either studied or taught at the University of Chicago. So the next lesson is to go to the University of Chicago.”

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Milton Friedman

"Milton Friedman" in William Breit and Roger W. Spencer (ed.) Lives of the laureates

“With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.”

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Milton Friedman

Lecture "The Suicidal Impulse of the Business Community" (1983); cited in Filters Against Folly (1985) by Garrett Hardin ISBN 067080410X

“Industrial progress, mechanical improvement, all of the great wonders of the modern era have meant little to the wealthy. The rich in ancient Greece would have benefited hardly at all from modern plumbing — running servants replaced running water. Television and radio — the patricians of Rome could enjoy the leading musicians and actors in their home, could have the leading artists as domestic retainers. Ready-to-wear clothing, supermarkets — all these and many other modern developments would have added little to their life. They would have welcomed the improvements in transportation and in medicine, but for the rest, the great achievements of western capitalism have rebounded primarily to the benefit of the ordinary person. These achievements have made available to the masses conveniences and amenities that were previously the exclusive prerogative of the rich and powerful.”

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Milton Friedman libro Free to Choose

Origine: Free to Choose (1980), Ch. 5 “Created Equal”, p. 147

“The problem in this world is to avoid concentration of power - we must have a dispersion of power.”

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Milton Friedman

Milton Friedman - Big Business, Big Government http://www.youtube.com/watch?v=R_T0WF-uCWg

“The term money has two very different meanings in popular discourse. We often speak of someone "making money," when we really mean that he or she is receiving an income. We do not mean that he or she has a printing press in the basement churning out greenbacked pieces of paper. In this use, money is a synonym for income or receipts; it refers to a flow, to income or receipts per week or per year. We also speak of someone's having money in his or her pocket or in a safe-deposit box or on deposit at a bank. In that use, money refers to an asset, a component of one's total wealth. Put differently, the first use refers to an item on a profit-and-loss statement, the second to an item on a balance sheet”

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Milton Friedman

Origine: Money Mischief (1992), Ch. 2 The Mystery of Money

“Analysis of the supply of money, and in particular of changes in the supply of money, is simple in principle but extremely complex in practice, both in our hypothetical world and in the current real world. Simple in principle, because the supply of money is whatever the monetary authorities make if, complex in practice, because the decisions of the monetary authorities depend on numerous factors.”

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Milton Friedman

Origine: Money Mischief (1992), Ch. 2 The Mystery of Money

“One reason why money is a mystery to so many is the role of myth or fiction or convention.”

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Milton Friedman

Origine: Money Mischief (1992), Ch. 2 The Mystery of Money

“An income tax intended to reduce inequality and promote the diffusion of wealth has in practice fostered reinvestment of corporate earnings, thereby favoring the growth of large corporations, inhibiting the operation of the capital market, and discouraging the establishment of new enterprises.”

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Milton Friedman

Origine: (1962), Ch. 13 Conclusion, 2002 edition, p. 198

“The price system works so well, so efficiently, that we are not aware of it most of the time. We never realize how well it functions until it is prevented from functioning, and even then we seldom recognize the source of the trouble.”

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Milton Friedman libro Free to Choose

Origine: Free to Choose (1980), Ch. 1 "The Power of the Market", p. 14

“Why should they also be accepted by private persons in private transactions in exchange for goods and services?
The short answer—and the right answer—is that private persons accept these pieces of paper because they are confident that others will. The pieces of green paper have value because everybody thinks they have value. Everybody thinks they have value because in everybody's experience they have had value…”

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Milton Friedman

Origine: Money Mischief (1992), Ch. 2 The Mystery of Money

“Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power. Government is necessary to preserve our freedom, it is an instrument through which we can exercise our freedom; yet by concentrating power in political hands, it is also a threat to freedom. Even though the men who wield this power initially be of good will and even though they be not corrupted by the power they exercise, the power will both attract and form men of a different stamp.”

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Milton Friedman libro Capitalismo e libertà

Introduction
Capitalism and Freedom (1962)
Contesto: The free man will ask neither what his country can do for him nor what he can do for his country. He will ask rather "What can I and my compatriots do through government" to help us discharge our individual responsibilities, to achieve our several goals and purposes, and above all, to protect our freedom? And he will accompany this question with another: How can we keep the government we create from becoming a Frankenstein that will destroy the very freedom we establish it to protect? Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power. Government is necessary to preserve our freedom, it is an instrument through which we can exercise our freedom; yet by concentrating power in political hands, it is also a threat to freedom. Even though the men who wield this power initially be of good will and even though they be not corrupted by the power they exercise, the power will both attract and form men of a different stamp.

“They think that the cure to big government is to have bigger government… the only effective cure is to reduce the scope of government - get government out of the business.”

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Milton Friedman

Milton Friedman - Big Business, Big Government http://www.youtube.com/watch?v=R_T0WF-uCWg

“If we are to use effectively these abstract models and this descriptive material, we must have a comparable exploration of the criteria for determining what abstract model it is best to use for particular kinds of problems, what entities in the abstract model are to be identified with what observable entities, and what features of the problem or of the circumstances have the greatest effect on the accuracy of the predictions yielded by a particular model or theory.”

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Milton Friedman

"The Methodology of Positive Economics" (1953)

“As Adam Smith once said, "There is much ruin in a nation". Our basic structure of values and the interwoven network of free institutions will withstand much. I believe that we shall be able to preserve and extend freedom despite the size of the military programs and despite the economic powers already concentrated in Washington. But we shall be able to do so only if we awake to the threat that we face, only if we persuade our fellowmen that free institutions offer a surer, if perhaps at times a slower, route to the ends they seek than the coercive power of the state. The glimmerings of change that are already apparent in the intellectual climate are a hopeful augury.”

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Milton Friedman libro Capitalismo e libertà

Origine: Capitalism and Freedom (1962), Ch. 13 Conclusion

“I say thank God for government waste. If government is doing bad things, it's only the waste that prevents the harm from being greater.”

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Milton Friedman

Interview with Richard Heffner on The Open Mind (7 December 1975)

“With respect to teachers' salaries …. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.”

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Milton Friedman libro Capitalismo e libertà

Origine: Capitalism and Freedom (1962), Ch. 6 The Role of Government in Education, p. 95

“The stock of money, prices and output was decidedly more unstable after the establishment of the Reserve System than before. The most dramatic period of instability in output was, of course, the period between the two wars, which includes the severe (monetary) contractions of 1920-1, 1929-33, and 1937-8. No other 20 year period in American history contains as many as three such severe contractions.
This evidence persuades me that at least a third of the price rise during and just after World War I is attributable to the establishment of the Federal Reserve System… and that the severity of each of the major contractions — 1920-1, 1929-33 and 1937-8 is directly attributable to acts of commission and omission by the Reserve authorities…
Any system which gives so much power and so much discretion to a few men, [so] that mistakes — excusable or not — can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic — this is the key political argument against an independent central bank…
To paraphrase Clemenceau, money is much too serious a matter to be left to the central bankers.”

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Milton Friedman

As quoted in The Money Masters (1995)

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

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Milton Friedman

Milton Friedman - Big Business, Big Government http://www.youtube.com/watch?v=R_T0WF-uCWg