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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What kind of society isnt structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system. – Milton Friedman

Category:
Capitalism
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Other Quotes from
Government
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Two hundred years ago, our Founding Fathers gave us a democracy. It was based upon the simple, yet noble, idea that government derives its validity from the consent of the governed. – Paul Tsongas

Category:
Government

Nothing turns out to be so oppressive and unjust as a feeble government. – Edmund Burke

Category:
Government

Do not separate text from historical background. If you do, you will have perverted and subverted the Constitution, which can only end in a distorted, bastardized form of illegitimate government. – James Madison

Category:
Government

I thought I was benefiting the Indians as well as the government, by taking them all over the United States, and giving them a correct idea of the customs, life, etc., of the pale faces, so that when they returned to their people they could make known all they had seen. – Buffalo Bill

Category:
Government

Random Quotes

Swinging at daisies is like playing electric guitar with a tennis racket: if it were that easy, we could all be Jerry Garcia. The ball changes everything. – Michael Bamberger

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Poetry is a special use of language that opens onto the real. The business of the poet is truth telling, which is why in the Celtic tradition no one could be a teacher unless he or she was a poet. – Huston Smith

Category:
Poetry

Not necessity, not desire – no, the love of power is the demon of men. Let them have everything – health, food, a place to live, entertainment – they are and remain unhappy and low-spirited: for the demon waits and waits and will be satisfied. – Friedrich Nietzsche

Category:
Food

Housework cant kill you, but why take a chance? – Phyllis Diller

Category:
funny