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 black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people. – Milton Friedman

Category:
Government
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Concentrated power is not rendered harmless by the good intentions of those who create it. – Milton Friedman

Category:
good
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Other Quotes from
Government
category

The art of government is not to let me grow stale. – Napoleon Bonaparte

Category:
Government

The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours. – Mitch Daniels

Category:
Government

One of the things the government cant do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt. – Lee Iacocca

Category:
Government

If you are working 50 hours a week in a factory, you dont have time to read 10 newspapers a day and go back to declassified government archives. But such people may have far-reaching insights into the way the world works. – Noam Chomsky

Category:
Government

Random Quotes

Flattery works like a drug. – Willis Goth Regier, In Praise of Flattery, 2007

Category:
Compliments

We are not retreating – we are advancing in another direction. – General Douglas MacArthur

Category:
Defeat

A transcendent being can be any miracle. – Wayne Dyer

Category:
Miracles

When I grew up there wasnt air-conditioning or anything of that nature, and this old car had a wall thickness of about ten inches. So we had a little warmer house in the winter and a little cooler in the summer. – Merle Haggard

Category:
car