Milton Friedman: Quotes about freedom

“The great enemy of human freedom is the Government. By taking money out of our pockets and spending it, it destroys our freedom.”

Milton Friedman

The National Times, Australia, (March 1, 1977)

Money , Freedom

“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?”

Milton Friedman book Capitalism and Freedom

Introduction
Capitalism and Freedom (1962)
Context: 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.

Freedom , Help , Country

“History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.”

Milton Friedman book Capitalism and Freedom

Source: Capitalism and Freedom (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, 2002 edition, page 10
Context: Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like : the typical state of mankind is tyranny, servitude, and misery. The nineteenth century and early twentieth century in the Western world stand out as striking exceptions to the general trend of historical development. Political freedom in this instance clearly came along with the free market and the development of capitalist institutions. So also did political freedom in the golden age of Greece and in the early days of the Roman era.
History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

History , Freedom

“A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.”

Milton Friedman

From Created Equal, an episode of the PBS Free to Choose television series (1980, vol. 5 transcript) http://www.freetochoosemedia.org/broadcasts/freetochoose/detail_ftc1980_transcript.php?page=5.
Variant: The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both.

Freedom

“Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.”

Milton Friedman

Motivation , Freedom , Loss , Help

“Underlying most arguments against the free market is a lack of belief in freedom itself.”

Milton Friedman

Freedom

“A major source of objection to a free economy is precisely that it … gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.”

Milton Friedman

Source: (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, 2002 edition, page 15

People , Thinking , Freedom

“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.”

Milton Friedman book Capitalism and Freedom

Introduction
Capitalism and Freedom (1962)
Context: 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.

Men , Exercises , History , Freedom

“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.”

Milton Friedman book Capitalism and Freedom

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

Hope , Freedom , Change , Time

“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.”

Milton Friedman

As quoted in The Money Masters (1995)

Men , Money , War , World

“As liberals, we take freedom of the individual, or perhaps the family, as our ultimate goal in judging social arrangements. Freedom as a value in this sense has to do with the interrelations among people”

Milton Friedman

Source: (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, p. 12

People , Family , Sense , Freedom

“A liberal is fundamentally fearful of concentrated power. His objective is to preserve the maximum degree of freedom for each individual separately that is compatible with one man's freedom not interfering with other men's freedom. He believes that this objective requires that power be dispersed. He is suspicious of assigning to government any functions that can be performed through the market, both because this substitutes coercion for voluntary co-operation in the area in question and because, by giving government an increased role, it threatens freedom in other areas.”

Milton Friedman

Source: (1962), Ch. 3 The Control of Money, p. 39

Men , Fear , Question , Freedom

“Freedom is a tenable objective only for responsible individuals. We do not believe in freedom for madmen or children. The necessity of drawing a line between responsible individuals and others is inescapable, yet it means that there is an essential ambiguity in our ultimate objective of freedom. Paternalism is inescapable for those whom we designate as not responsible.”

Milton Friedman

Source: (1962), Ch. 2 The Role of Government in a Free Society, p. 33

Children , Freedom , Drawing

“Every friend of freedom… must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.”

Milton Friedman

"An Open Letter to Bill Bennett" in The Wall Street Journal (7 September 1989)

Freedom

“The heart of the liberal philosophy is a belief in the dignity of the individual, in his freedom to make the most of his capacities and opportunities according to his own lights, subject only to the proviso that he not interfere with the freedom of other individuals to do the same.”

Milton Friedman book Capitalism and Freedom

Source: Capitalism and Freedom (1962), Ch. 12 The Alleviation of Poverty

Freedom , Light , Heart

“The need for government in these respects arises because absolute freedom is impossible. However attractive anarchy may be as a philosophy, it is not feasible in a world of imperfect men.”

Milton Friedman

Source: (1962), Ch. 2 The Role of Government in a Free Society, p. 25

Men , World , Freedom

“[A] society which is socialist cannot also be democratic, in the sense of guaranteeing individual freedom.”

Milton Friedman

As quoted in "Capitalism, Socialism, and Democracy: A Symposium" https://www.commentarymagazine.com/articles/capitalism-socialism-and-democracy/ (1 April 1978), edited by William Barrett, Commentary

Sense , Freedom

“A society that puts equality—in the sense of equality of outcome—ahead of freedom will end up with neither equality nor freedom. The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of people who use it to promote their own interests. On the other hand, a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality.”

Milton Friedman book Free to Choose

Source: Free to Choose (1980), Ch. 5 “Created Equal”, p. 148

Sense , People , Freedom , Happiness

“The essence of the problem is that once we begin to allow exceptions for special interests, we move from a system of private arrangements to a political system where everyone’s freedom is limited and government becomes a matter of trying to balance those interests. Nobody really wins under these terms.”

Milton Friedman

“Interview with Milton Friedman”, Playboy magazine (Feb. 1973)

Problem , Freedom

“The draft is inequitable because irrelevant considerations play so large a role in determining who serves. It is wasteful because deferment of students, fathers, and married men jams colleges, raises the birth rate, and fuels divorce court. It is inconsistent with a free society because it exacts compulsory service from some and limits the freedom of others to travel abroad, emigrate, or even to talk and act freely. So long as compulsion is retained, these defects are inevitable.”

Milton Friedman

Source: An Economist's Protest: Columns in Political Economy (1966), p. 189 (1975 edition)

Travel , Freedom , Birth , Men