Milton Friedman Quotes About Private Property

Quotes about: Private Property

• 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.

  Milton Friedman

  Wisdom, Knowledge, Mean

• Nobody spends somebody else's money as carefully as he spends his own.

  Milton Friedman

  Market Economy, Free Market, Economy And Economics

  Milton Friedman (1990). “Friedman in China”

• The preservation of liberty, not the promotion of efficiency, is the primary justification for private property. Efficiency is a happy, though not accidental, by-product - and a most important by-product because liberty could not have survived if it had not also produced affluence.

  Milton Friedman

  Important, Liberty, Affluence

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