A Quote by Milton Friedman
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.
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There is one and only one social responsibility of business - to use it 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.
Speeches by businessmen on social responsibility...may gain them kudos in the short run. But it helps to strengthen the already too prevalent view that the pursuit of profits is wicked.... There is one and only one social responsibility of business-to...engage in open and free competition without deception or fraud.
There is one and only one 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.
You can't have a market without government, because governments create the rules of competition and enforce fairness in the markets, and they build the institutions within which competition takes place.
What is the most fascinating kind of self-deception to me, and a kind that isn't necessarily unhealthy, is what Friedrich Nietzsche called "strategic self-deception." The kind of self-deception that you can engage in with your eyes wide open. You do it because you say, "There's things that I couldn't accomplish without this kind of self-deception."
To create conditions in which competition will be as effective as possible, to prevent fraud and deception, to break up monopolies- these tasks provide a wide and unquestioned field for state activity.
A fish is free as long as it stays in the water. If it suddenly declares that it wants its freedom to fly in the air like a bird, disaster occurs. A train is free as long as it stays on the track. However, if it demands freedom to take off down a major highway, the result is destruction and devastation. We too can only experience true freedom in its fullest if we remain within the framework of freedom. Often this requires accepting responsibility and practicing discipline.
Even though we have lost yardsticks by which to measure, and rules under which to subsume the particular, a being whose essence is a beginning may have enough of origin within himself to understand without preconceived categories and to judge without the set of customary rules which is morality.
Without free speech no search for Truth is possible; without free speech no discovery of Truth is useful; without free speech progress is checked, and the nations no longer march forward towards the nobler life which the future holds for man. Better a thousandfold abuse of free speech than denial of free speech. The abuse dies in a day; but the denial stays the life of the people and entombs the hope of the race.
The Marxians love of democratic institutions was a stratagem only, a pious fraud for the deception of the masses. Within a socialist community there is no room left for freedom.
Life exists without rules; games cannot exist without rules. So real religion is always without rules; only false religion has rules, because false religion is a game.
We do not know what the rules of the game are; all we are allowed to do is to watch the playing. Of course, if we watch long enough, we may eventually catch on to a few of the rules. The rules of the game are what we mean by fundamental physics.
Capitalist systems function less well without state protection of investors, lenders, and companies against monopoly, deception, and fraud.
Baseball and the players association have rules. If you stay within the rules - which say that you can play while you're appealing - I don't see what anyone would be in arms about.
The rap game will never be at peace. The rap game is built upon competition. There will always be competition and as long as there's competition, there will never be peace. There's a heavy competition in every scene. Everyone wants to be the one.
American democracy is a chess-game in which pawns imagine themselves to be free individuals with wills of their own: that delusion is one of the rules of the game, without which the game could not continue. I doubt anyone, no matter how sharp and sharp-tongued, could succeed in getting across to high school students how vital an acute mind is for just keeping a grip on one's life and earnings in our mendacious politics and economics. No wonder our school system is devoutly dedicated to demoralizing and blunting such minds.
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