A Quote by Milton Friedman

What makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
The ability of nonintelligent people to understand the most complicated mechanisms and to use them has always been to me a cause of astonishment: their inability to understand simple questions is even more astonishing. The general acceptance of simple ideas is difficult and rare, and yet it is only when simple, fundamental, ideas have been accepted that further progress becomes possible on a higher level.
Geometry, like arithmetic, requires for its logical development only a small number of simple, fundamental principles. These fundamental principles are called the axioms of geometry.
Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so.
Someone bemoaned that there were so few women in economics. But there are also very few men in economics.
I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.
I think most Israelis prefer not to know. So for them, texts about the occupation are like something that's been written in a foreign language that they can't understand. If they want, you can translate it to them. But it is their choice. In general, though, I think Israelis don't want to know. Very few do. Basically, I write to the converted.
Our job in physics is to see things simply, to understand a great many complicated phenomena in a unified way, in terms of a few simple principles.
I've never written about my husband, Steve, or any of my children because I know them all too well. I see them in all their complexities which makes them impossible to render on the printed page.
That the people have an original right to establish, for their future government, such principles as, in their opinion, shall most conduce to their own happiness, is the basis, on which the whole American fabric has been erected.... The principles, therefore, so established, are deemed fundamental. And as the authority, from which they proceed, is supreme ... they are designed to be permanent.... The powers of the legislature are defined, and limited; and that those limits may not be mistaken, or forgotten, the constitution is written.
Anyone who slaps a 'this page is best viewed with Browser X' label on a Web page appears to be yearning for the bad old days, before the Web, when you had very little chance of reading a document written on another computer, another word processor, or another network.
Economics taught in most of the elite universities are practically useless in my context. My country is dominated by drug economy and a mafia. Textbook economics does not work in my context, and I have very few recommendations from anybody as to how to put together a legal economy.
A lot of songwriters have written about soldiers and war, but very few have written with them.
Could anyone fail to be depressed by a book he or she has published? Don't we always outgrow them the moment the last page has been written?
If all that you see, do, measure and discover is the will of a deity, then ideas can never be proven wrong, you have no predictive power, and you are at a loss to understand the principles behind most of the fundamental interconnections of nature.
A modern mathematical proof is not very different from a modern machine, or a modern test setup: the simple fundamental principles are hidden and almost invisible under a mass of technical details.
You don't want to dwell on your enemies, you know. I basically feel so superior to my critics for the simple reason that they haven't done what I do. Most book reviewers haven't written 11 novels. Many of them haven't written one.
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