Quote by Milton Friedman
The Great Depression, like most other periods of severe unemployme

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. – Milton Friedman

Other quotes by Milton Friedman

The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government. – Milton Friedman

Category:
architecture
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A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. – Milton Friedman

Category:
Freedom
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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. – Milton Friedman

Category:
Government
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Other Quotes from
Government
category

Public instruction should be the first object of government. – Napoleon Bonaparte

Category:
Government

Democracy is an experiment, and the right of the majority to rule is no more inherent than the right of the minority to rule; and unless the majority represents sane, righteous, unselfish public sentiment, it has no inherent right. – William Allen White (Thanks, Bob)

Category:
Government

It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress. – Mark Twain

Category:
Government

The American Dream, coupled with government subsidies of utilities and cheap consumer goods courtesy of slave labour somewhere else, has kept the poor huddled masses from rising up. – Elizabeth Wurtzel

Category:
Government

Random Quotes

Play the man, Master Ridley; we shall this day light such a candle, by Gods grace, in England, as I trust shall never be put out. – Bishop Hugh Latimer

Do we talk about the dignity of work? Do we give our students any reason for believing it is worthwhile to sacrifice for their work because such sacrifices improve the psychological and mental health of the person who makes them? – Sargent Shriver

Category:
Health

You know when Hollywood does a great big blockbuster that really wraps you up in a world, and lets you believe in extraordinary things that move you in some way, in an almost operatic sensibility? That to me is the most fun I have at the movies. – Christopher Nolan

Category:
movies

Most of all the other beautiful things in life come by twos and threes, by dozens and hundreds. Plenty of roses, stars, sunsets, rainbows, brothers and sisters, aunts and cousins, comrades and friends — but only one mother in the whole world. – Kate Douglas Wiggin

Category:
Mothers