Monopoly Might Be a Zero-Sum Game, but Wealth Isn’t.

Used with the permission of the Foundation for Economic Education.

Larry Reed – “The Seven Principles of Sound Public Policy”

Lawrence W. Reed is President of the Foundation for Economic Education and the author of the book Real Heroes: Inspiring True Stories of Courage,...

Adam Smith: Free Private Enterprise Vs. The Folly of Human Laws

FREE ENTERPRISE ZONE: FUNDAMENTAL PRINCIPLES 1776 The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security...

Intentions Versus Results – Milton Friedman

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1975 One of the great mistakes is to judge policies and programs by their intentions rather than their results. Source:...

Maintenance of a Free Society – Milton Friedman

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1975 I want people to take thought about their condition and to recognize that the maintenance of a free...

Exploiting Government – Milton Friedman

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1999 "Government is a way by which every individual believes he can live at the expense of everybody else." Source:...

Friedman: Rueing the Consequences of Good Intentions

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1962 "The power to do good is also the power to do harm; those who control the power today...

The Tyranny of Good Intentions

BY DOUG BANDOW, THE FREEMAN If logic decided policy in Washington, federal spending would be low, the budget would be balanced, the benefits of regulations...

Friedman on Eliminating Incentives

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 2000 If you impose very high taxes, and eliminate the incentive to innovate, to improve, to take risks, and...

Friedman: The Great Depression Caused by the Government

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1962 "The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by...

Freedom for thee, Privileges for me – Milton Friedman

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1974 Every businessman is in favor of freedom for everybody else, but when it comes to himself that's a...

Milton Friedman on the Proper Role of Government

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1991 "The proper role of government is exactly what John Stuart Mill said in the middle of the nineteenth...

Milton Friedman: Underlying most arguments against the free market …

FREE ENTERPRISE ZONE, FUNDAMENTAL PRINCIPLES Milton Friedman, 1962 "Underlying most arguments against the free market is a lack of belief in freedom itself." Source: Milton Friedman, Capitalism...