FastSaying

The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.

Milton Friedman

Milton Friedman

ArrangementCapitalismGreedHarmHowKindOrganizationProblemSocialSystemUpWhichWill

Related Quotes

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system
— Milton Friedman
CapitalismGreedSociety
History suggests that capitalism is a necessary condition for political freedom
— Milton Friedman
Capitalism
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.
— Milton Friedman
AccordingBecauseEvery
Self-interest is not myopic selfishness. It is whatever it is that interests the participants, whatever they value, whatever goals they pursue. The scientist seeking to advance the frontiers of his discipline, the missionary seeking to convert infidels to the true faith, the philanthropist seeking to bring comfort to the needy - all are pursuing their interests, as they see them, as they judge them by their own values.
— Milton Friedman
capitalismconservatismfreedom
We have a system that increasingly taxes work and subsidizes nonwork.
— Milton Friedman
WorkIncreasinglySystem