RLM News Show Podcast Blog – August 27, 2013

“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.”
Milton Friedman

“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.”
Milton Friedman

“We have a system that increasingly taxes work and subsidizes nonwork.”
Milton Friedman

“So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.”
Milton Friedman

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

“The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from government.”
Milton Friedman