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Maxioms by Milton Friedman

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Inflation is taxation without legislation

Inflation is taxation without legislation

by Milton Friedman Found in: Inflation Quotes,
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The only relevant test of the validity of a hypothesis is comparison of prediction with experience.

The only relevant test of the validity of a hypothesis is comparison of prediction with experience.

by Milton Friedman Found in: Validity Quotes,
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We have a system that increasingly taxes work and subsidizes nonwork.

We have a system that increasingly taxes work and subsidizes nonwork.

by Milton Friedman Found in: Society Quotes,
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Inflation is the one form of taxation that can be imposed without legislation.

Inflation is the one form of taxation that can be imposed without legislation.

by Milton Friedman Found in: Inflation Quotes,
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History suggests that capitalism is a necessary condition for political freedom

History suggests that capitalism is a necessary condition for political freedom

by Milton Friedman Found in: Capitalism Quotes,
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