Explaining Conservative Economics in 25 Quotes

1) "I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it." -- Benjamin Franklin

2) "The great danger to the consumer is the monopoly — whether private or governmental. His most effective protection is free competition at home and free trade throughout the world. The consumer is protected from being exploited by one seller by the existence of another seller from whom he can buy and who is eager to sell to him. Alternative sources of supply protect the consumer far more effectively than all the Ralph Naders of the world." -- Milton Friedman

3) "Nobody spends somebody else’s money as carefully as he spends his own. Nobody uses somebody else’s resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property." -- Milton Friedman

4) "A claim for equality of material position can be met only by a government with totalitarian powers." -- F.A. Hayek

Read more: http://townhall.com/columnists/johnhawkins/2012/08/07/explaining_conservative_economics_in_25_quotes