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Milton Friedman on How economics should be done

The negative lesson is that we must beware of intolerance if we’re going to be really effective in persuading people. The writings of both Rand and Mises—and much libertarian literature—take for granted that hard questions have easy answers, that it’s possible to know something about the real world, to derive substantive conclusions, from purely a priori principles.
Say 'No' to Intolerance
Speech, 1991, Liberty, vol. 4, no. 6 (July 1991), p. 18
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  1. At any rate, simple slogans like “The market will take care of it” or “noninterventionism” do not resolve the hard problems. We may very well agree on the direction we want to go in, but just how we’re going to go there and how far we’re going to go, that’s a much more difficult problem.
    Say 'No' to Intolerance
    Speech, 1991, Liberty, vol. 4, no. 6 (July 1991), p. 20
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  2. What this demonstrates, fundamentally, is that no simple principle is really adequate. We do not have all the answers, and there is no simple formula that will give us all the answers. That’s why humility, tolerance, is so basic, so fundamental. Because the only way that we can get a little closer to those fundamental principles is by being tolerant, by considering and respecting the opinions of people who disagree with us.
    Say 'No' to Intolerance
    Speech, 1991, Liberty, vol. 4, no. 6 (July 1991), pp. 17-18
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  3. The key question is, therefore, whether it is feasible to man the Vietnam war with volunteers. I believe the answer is, Yes. Will it be easy to do so? The answer is clearly, No. But that is hardly decisive. The aim of national policy should not be to make life easy for government officials, whether civilian or military.
    No Draftees to Vietnam
    Column, 1968, Newsweek (December 30, 1968); reprinted in full in the Congressional Record, Extensions of Remarks, January 16, 1969, pp. 1161 to 1162, introduced by Representative Henry B. Gonzalez as “Mr. Friedman’s column, from the December 30, 1968, issue of Newsweek”, Congressional Record, January 16, 1969, p. 1161
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