The Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion … - Milton Friedman

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One of [ways being lucky] was to go to school during the Great Depression because teaching became a plum job.

Milton Friedman

The Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion would have been over in 1931 at the latest had it not been that the Federal Reserve followed a policy which led to bank failures, widespread bank failures, and led to a reduction in the quantity of money.

1930, 1931, Federal Reserve, Latest, Opinion, Reduction

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You must distinguish sharply between being pro free enterprise and being pro business.

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The broader and more influential organisations of businessmen have acted to undermine the basic foundation of the free market system they purport to represent and defend.

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Look, for example, at the obvious, immediate, practical example of illegal Mexican immigration. Now, that Mexican immigration, over the border, is a good thing. It's a good thing for the illegal immigrants. It's a good thing for the United States. It's a good thing for the citizens of the country. But, it's only good so long as its illegal.

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Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.

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Never try to walk across a river just because it has an average depth of four feet.

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