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

Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence. – Milton Friedman

Category:
Freedom
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Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes. – Milton Friedman

Category:
Knowledge
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Other Quotes from
Government
category

Americans want government that is leaner, more efficient, and less intrusive into their personal lives. – Rick Perry

Category:
Government

Under capitalism man exploits man; under socialism the reverse is true. – Polish Proverb

Category:
Government

In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it. – Alexis de Tocqueville

Category:
Government

One side of the American psyche wants smaller government, lower taxes, and more choices for individuals, even if those choices increase risk. The other wants a strong social safety net to protect the weakest among us, even if it costs more to minimize risk. – Ron Fournier

Category:
Government

Random Quotes

Any sufficiently advanced technology is indistinguishable from magic. – Arthur C. Clarke

Category:
Technology

Writing for children is bloody difficult books for children are as complex as their adult counterparts, and they should therefore be accorded the same respect. – Mark Haddon

Category:
respect

Like everybody, I have invested in things that have gone bad, because theres never any guarantee of success or profit when it comes to money. – Murray Walker

Category:
Success

Religious tolerance is something we should all practice however, there have been more persecution and atrocities committed in the name of religion and religious freedom than anything else. – Walter Koenig

Category:
Freedom