5 Best Milton Friedman Quotes And Sayings

“So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.” – Milton Friedman

“I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the stock of money and equally of no sharp decline in the stock of money that was not accompanied by a severe depression.” – Milton Friedman

“The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933” – Milton Friedman

“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.” – Milton Friedman

“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.” – Milton Friedman