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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 only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And thats why its so essential to preserving individual freedom. – Milton Friedman

Category:
Freedom
Author
Milton Friedman
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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
Author
Milton Friedman
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Other Quotes from
Government
category

We make a living by what we get, but we make a life by what we give. – Winston Churchill

Category:
Government

The danger is not that a particular class is unfit to govern. Every class is unfit to govern. – Lord Acton, letter to Mary Gladstone, 24 April 1881

Category:
Government

Nothing is more destructive of respect for the government and the law of the land than passing laws which cannot be enforced. – Albert Einstein

Category:
Government

If the people cannot trust their government to do the job for which it exists – to protect them and to promote their common welfare – all else is lost. – Barack Obama

Category:
Government

Random Quotes

Is the proposed operation likely to succeed? What might the consequences of failure? Is it in the realm of practicability in terms of material and supplies? – Chester W. Nimitz

Category:
Failure

Faith is taking the first step even when you don’t see the whole staircase. – Martin Luther King, Jr.

Category:
Faith

What kills the skunk is the publicity it gives itself. – Abraham Lincoln

Category:
Publicity

Men can only be happy when they do not assume that the object of life is happiness. – George Orwell

Category:
Happiness