Allan H. Meltzer Quotes

• Governments harangue about deficits to get more revenue so they can spend more.

  Allan H. Meltzer

  Government, Libertarian, Communism

  47 Copy quote

• Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.

  Allan H. Meltzer

  Loss, Mind, Liberty

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• Milton Friedman had the grace and good sense to recognize that he wanted to talk to the general public. He wasn't going to just lecture to the people who happened to appear in his classroom in Chicago or on some lecture circuit. He went out to talk to the general public, believing that you had to convince a democratic nation to change its ways, and he succeeded to a considerable extent.

  Allan H. Meltzer

  Believe, People, Grace

  "Economist Milton Friedman Dies". Interview with Neal Conan, www.npr.org. November 16, 2006.

  7 Copy quote

• There is a flaw in the operation of representative government. The flaw produces the growth of government.

  Allan H. Meltzer

  Government, Growth, Flaws

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• The reason is that Chile is the brightest spot in Latin America. It has very fast growth, low unemployment. It privatized its Social Security system, which we in USA were unable to do.

  Allan H. Meltzer

  Latin, Security Systems, Usa

  "Economist Milton Friedman Dies". "Talk of the Nation" with Neal Conan, www.npr.org. November 16, 2006.

  6 Copy quote

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