The capital resources of the nation are not increased by using the tax collector rather than the stock market to mobilize them. - Milton Friedman

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The capital resources of the nation are not increased by using the tax collector rather than the stock market to mobilize them.

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About Milton Friedman

Milton Friedman (31 July 1912 – 16 November 2006) was an American economist noted for his support for free markets and a reduction in the size of government. In 1976 he was awarded a Nobel Prize in Economics.

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Also Known As

Alternative Names: Milton Galbraith Friedman
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Additional quotes by Milton Friedman

Se colocarmos o Estado para administrar o Deserto do Saara, em 5 anos faltará areia.

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For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. That is clearly wrong. If all we want are jobs, we can create any number — for example, have people dig holes and then fill them up again, or perform other useless tasks. Work is sometimes its own reward. Mostly, however, it is the price we pay to get the things we want. Our real objective is not just jobs but productive jobs — jobs that will mean more goods and services to consume.

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