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

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

Category:
good
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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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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
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Other Quotes from
Government
category

Look, I think the worst case scenario is obvious. I think first of all it doesnt work for very long. Its an unstable government that raises taxes and destroys the image were building for Canada as a strong place to invest. – Stephen Harper

Category:
Government

The government of Israel doesnt like the kinds of things I say, which puts them into the same category as every other government in the world. – Noam Chomsky

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

Governments should not possess instruments of coercion and violence denied to their citizens. – Edgar A. Suter

Category:
Government

Random Quotes

Revenge in cold blood is the devils own act and deed. – Thomas Fuller

Category:
Revenge

Politics is politics art is art. If you play a political role, you have to stop being an artist. – Youssou NDour

Category:
Politics

The Australian Governments decision to take on the dominant funding role for the entire public hospital system is designed to: end the blame game eliminate waste and to shoulder the funding burden of the rapidly rising health costs of the future. – Kevin Rudd

Category:
Future

It sometimes seems to me (it is an error, I confess, but one into which I am for ever falling) that poetry is no longer anything more than an imitation of poetry… – Alexandre Vinet (1797–1847)

Category:
Poetry