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.
WISDOM · VERIFIED · EN
Milton Friedman Quote
“I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.”
0
Source: Quotables — alvations/Quotables (CC0 1.0 dataset)
Attribution status: verified · Publication status: cleared
Explore more quotes attributed to Milton Friedman or browse wisdom quotes.
If you believe this quote is incorrectly attributed or should be removed, see Copyright and quote corrections.
Related verified quotes
There's no such thing as a free lunch.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
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.
The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
We have a system that increasingly taxes work and subsidizes nonwork.