Equality and Freedom. A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both. Intentions vs. Results. One of the great mistakes is to judge policies and programs by their intentions rather than their results. Weeds. Now hereís somebody who wants to smoke a marijuana cigarette. If heís caught, he goes to jail. Now is that moral? Is that proper? I think itís absolutely disgraceful that our government, supposed to be our government, should be in the position of converting people who are not harming others into criminals, of destroying their lives, putting them in jail. Thatís the issue to me. The economic issue comes in only for explaining why it has those effects. But the economic reasons are not the reasons. Government Programs. Nothing is as permanent as a temporary government program. Social Responsibility of Business. There is one and only one social responsibility of businessĖto use its 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. Property Rights. I think that nothing is so important for freedom as recognizing in the law each individualís natural right to property, and giving individuals a sense that they own something that theyíre responsible for, that they have control over, and that they can dispose of. Drug Legalization. Iím in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal. Greed. The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didnít construct his theory under order from a bureaucrat. Henry Ford didnít revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty youíre talking about, the only cases in recorded history, are where they have had capitalism and largely free trade. If you want to know where the masses are worse off, worst off, itís exactly in the kinds of societies that depart from that. So that the record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system. Milton Friedman also said that you can have open borders or you can have a welfare state, but the two canít exist together.