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Some Notable Quotes (Vol. 13)

Updated: Feb 7

analyticsbox | Aug 18, 2021

MILTON FRIEDMAN, ECONOMIST

Some Notable Quotes

Great Food For Thought


There has been some great wisdom coming from people throughout the ages, from all walks of life. These quotes are coming from years of study, thought, or practical experience. I suggest you take a look and give them some serious consideration.


“Aid is just a stop gap. Entrepreneurial Capitalism takes more people out of poverty than aid….in dealing with poverty in Africa and around the world - welfare and foreign aid are a band-aid, free enterprise is a cure.”

— BONO, U-2



ARISTOTLE, GREEK PHILOSOPHER

“It is clearly better that property should be private, but the use of it common, and the special business of the legislator is to create in men, this benevolent disposition.”

— ARISTOTLE, GREEK PHILOSOPHER





 

JOHN LOCKE, PHILOSOPHER

“Every man has a property in his own person. This nobody has a right to but himself.”

— JOHN LOCKE, PHILOSOPHER








 

CICERO, ROMAN STATESMAN

“The safety of the people shall be the highest law.”

— CICERO, ROMAN STATESMAN









 

ADAM SMITH, ECONOMIST (THE INVISIBLE HAND)



“It is not from the benevolence of the butcher, the brewer or the baker that we expect our dinner, but from their regard to their self-interest.” ”

— ADAM SMITH, ECONOMIST (THE INVISIBLE HAND)




 

WINSTON CHURCHILL, POLITICIAN

“The inherent vice of Capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of misery.”

— WINSTON CHURCHILL, POLITICIAN






 

MILTON FRIEDMAN, ECONOMIST

“One of the greatest mistakes is to judge policies and programs by their intentions rather than their results.”

“A society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both.”

— MILTON FRIEDMAN, ECONOMIST




 

THOMAS SOWELL, ECONOMIST

“The first lesson of economics is scarcity: there is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”

“ Much of the history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.”

— THOMAS SOWELL, ECONOMIST


 

MARGARET THATCHER

When people are free to choose, they choose freedom.”

“The problem with Socialism is that you eventually run out of other peoples’ money.”

— MARGARET THATCHER, FORMER PRIME MINISTER OF THE UK



 

An Old Lady

THE BOTTOM LINE

Stop, think, and listen to the wisdom of the ages!

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