Milton Friedman Dead at 94

Some quotes:

"Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."

"The government solution to a problem is usually as bad as the problem."

"Nothing is so permanent as a temporary government program."

"A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. "

"I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal. "

"Governments never learn. Only people learn. "

"I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. "

"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. "

"Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property. "

"The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people. "

"The most important single central fact about a free market is that no exchange takes place unless both parties benefit."

"The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom. "

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

And finally:

"There's no such thing as a free lunch. "

That, kiddies, is a quoteable thinker.