Milton Friedman on Taxes
In a free society, a government has no business using the power of the law or the taxpayer's money to propagandize for some views and to prevent the transmission of others.
An Economist's Protest: Columns in Political Economy
Book, 1966, p. 153
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The organization of economic activity through voluntary exchange presumes that we have provided, through government, for the maintenance of law and order to prevent coercion of one individual by another, the enforcement of contracts voluntarily entered into, the definition of the meaning of property rights, the interpretation and enforcement of such rights, and the provision of a monetary framework.
Capitalism and FreedomBook, 1962, Ch. 2 The Role of Government in a Free Society, p. 27Not yet checked"The strongest argument for free enterprise is that it prevents anybody from having too much power. Whether that person is a government official, a trade union official, or a business executive. If forces them to put up or shut up. They either have to deliver the goods, produce something that people are willing to pay for, are willing to buy, or else they have to go into a different business."
That is why, in my book “Capitalism and Freedom,” I have called it a “fundamentally subversive doctrine” in a free society, and have said that in such a society, “there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.”
A Friedman Doctrine—The Social Responsibility of Business Is to Increase Its ProfitsColumn, 1970, The New York Times Magazine, September 13, 1970, Section SM, p. 17Checked against the sourceRead the transcript
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