A Quote by Milton Friedman

Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself ... Economic freedom is also an indispensable means toward the achievement of political freedom.

Milton Friedman

Quote Topics

Achievement Also Arrangements Component Economic Economic Freedom End Freedom Indispensable Itself Means Political Political Freedom Toward Understood

Quote Author

Milton Friedman
American - Economist
July 31, 1912 - November 16, 2006

Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or dispersion of power. The kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other

Milton Friedman

Economic freedom is ... an indispensable means toward the achievement of political freedom.

Milton Friedman

The idea that political freedom can be preserved in the absence of economic freedom, and vice versa, is an illusion. Political freedom is the corollary of economic freedom.

Ludwig von Mises

Gorbachev gave us freedom of worship and freedom of speech and freedom to see what was going on and freedom to vote, but that freedom won't last unless it is underpinned by economic freedom.

Boris Yeltsin

The economic freedom which is the prerequisite of any other freedom cannot be the freedom from economic care which the socialist promise us, and which can be obtained only by relieving the individual at the same time of the necessity and of the power of choice: it must be the freedom of economic activity which, with the right of choice, inevitably also carries the risk and the responsibility of that right

Friedrich August von Hayek

Freemasonry must stand upon the Rock of Truth, religion, political, social, and economic. Nothing is so worthy of its care as freedom in all its aspects. "Free" is the most vital part of Freemasonry. It means freedom of thought and expression, freedom of spiritual and religious ideals, freedom from oppression, freedom from ignorance, superstition, vice and bigotry, freedom to acquire and possess property, to go and come at pleasure, and to rise or fall according to will of ability.

Theodore Roosevelt

Coupled with Usury, Unrestricted Competition destroys the small man for the profit of the great and in so doing produces that mass of economically unfree citizens whose very political freedom comes in question because it has no foundation in any economic freedom, that is, any useful proportion of property to support it. Political freedom without economic freedom is almost worthless, and it is because the modern proletariat has the one kind of freedom without the other that its rebellion is now threatening the very structure of the modern world.

Hilaire Belloc

Economic freedom has no security without political freedom, and political freedom can find its security only in economic freedom.

Eugen Richter

As political and economic freedom diminishes, sexual freedom tends to compensatingly increase and the dictator... will do well to encourage that freedom in conjunction with the freedom to daydream under the influence of dope, movies, and radio. It will help to reconcile his subjects to the servitude which is their fate.

Julian Huxley

Freedom, in a political context, means freedom from government coercion. It does not mean freedom from the landlord, from the employer, or freedom from the laws of nature which do not provide men with automatic prosperity. It means freedom from the coercive power of the state ' and nothing else

Ayn Rand

As political and economic freedom diminishes, sexual freedom tends correspondingly to increase. And the dictator will do well to encourage that freedom...it will help to reconcile his subjects to the servitude which is their fate.

Aldous Huxley

Conservatives tend to believe there is a close and necessary connection between prosperity and freedom - that economic freedom is an essential part of human freedom.

Edwin Feulner

[Freedom] is the greatest of political goods. I do not say freedom is the greatest of all goods: the best things come from within they are such things as creative art, and love, and thought. Such things can be helped or hindered by political conditions, but not actually produced by them; and freedom is, both in itself and in its relation to these other goods the best thing that political and economic conditions can secure.

Bertrand Russell

Political freedom without economic freedom is almost worthless, and it is because the modern proletariat has the one kind of freedom without the other that its rebellion is now threatening the very structure of the modern world.

Hilaire Belloc

If you do not force political freedom, economic freedom will be stymied sooner or later.

Milton Friedman

You can have economic freedom without political freedom, but you cannot have political freedom without economic freedom.

Friedrich August von Hayek