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 world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didnt construct his theory under order from a, from a bureaucrat. Henry Ford didnt revolutionize the automobile industry that way. – Milton Friedman

Category:
Government
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Government
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Government is necessary for our survival. We need government in order to survive. The Founding Fathers created a special place for government. It is called the Constitution. – Michael Badnarik

Category:
Government

The soldiers never explained to the government when an Indian was wronged, but reported the misdeeds of the Indians. – Geronimo

Category:
Government

The dangers of a concentration of all power in the general government of a confederacy so vast as ours are too obvious to be disregarded. – Franklin Pierce

Category:
Government

Obviously a Conservative government will always leave taxes lower than they have been under Labour. Those things go with the territory of the Conservative Party. – William Hague

Category:
Government

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Knowledge may give weight, but accomplishments give lustre, and many more people see than weigh. – Herodotus

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Money is in some respects lifes fire: it is a very excellent servant, but a terrible master. – P. T. Barnum

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I hope to be an actor and never retire. – Dominic Monaghan

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The love of economy is the root of all virtue. – George Bernard Shaw

Category:
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