A Quote by Milton Friedman

When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it. When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less what he spends it on. When a man spends someone else's money to buy something for himself, he is very careful about what he buys, but doesn't care at all how much he spends. And when a man spends someone else's money on someone else, he does't care how much he spends or what he spends it on. And that's government for you.
Nobody spends somebody else's money as carefully as he spends his own.
No one spends someone elses money as carefully as he spends his own.
Painting is like having a bad mistress who spends and spends and it's never enough ... I tell myself that even if a tolerable study comes out of it from time to time, it would have been cheaper to buy it from somebody else.
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.
It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.
A boy spends his time finding a girl to sleep with. A real man spends his time looking for the one worth waking up to.
To understand someone, find out how he spends his money.
Timing is everything. Tell me how a young man spends his evenings and I will tell you how far he is likely to go in the world. The popular notion is that a youth's progress depends upon how he acts during his working hours. It doesn't. It depends far more upon how he utilizes his leisure...If he spends it in harmless idleness, he is likely to be kept on the payroll, but that will be about all. If he diligently utilizes his own time...to fit himself for more responsible duties, then the greater responsibilities - and greater rewards - are almost certain to come to him.
The philosopher spends in becoming a man the time which the ambitious man spends in becoming a personage.
If you know how a man deals with his money, how he gets it, spends it, keeps it, shares it, you know one of the most important things about him.
The idea that leisure is of value in itself is only conditionally true. The average man simply spends his leisure as a dog spends it. His recreations are all puerile, and the time supposed to benefit him really only stupefies him.
A thin safety net, an expansive security state: This is the American way. At all levels of government, the country spends roughly double on police, prisons, and courts what it spends on food stamps, welfare, and income supplements.
He that spends a Groat a day idly, spends idly above 6 l. a year, which is the Price of using 100 l.
Get to know two things about a man. How he earns his money and how he spends it. You will then have the clue to his character. You know all you need to know about his standards, his motives, his driving desires, his real religion.
There is a role for government, but no matter how much money the government spends, it will never be able to take the place of parents and strong families.
One just spends as much money as one has. Very peculiar that! You never actually have any money. You think, If I had this much money ten years ago, I would have thought I was amazingly rich, but I still manage to spend it all and not have any left.
This site uses cookies to ensure you get the best experience. More info...
Got it!