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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

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
Author
Milton Friedman
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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
Author
Milton Friedman
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Other Quotes from
Government
category

The Establishment Clause prohibits government from making adherence to a religion relevant in any way to a persons standing in the political community. – Sandra Day OConnor

Category:
Government

People know something has gone terribly wrong with our government and it has gotten so far off track. But people also know that there is nothing wrong in America that a good old-fashioned election cant fix. – Sarah Palin

Category:
Government

What we have to do is strike a balance between the idea that government should do everything and the idea, the belief, that government ought to do nothing. Strike a balance. – Barbara Jordan

Category:
Government

A Republican by principle and devotion, I will, until my death, oppose all Royalists and all enemies of my Government and the Republic. – Jean Baptiste Bernadotte

Category:
Government

Random Quotes

Eating without conversation is only stoking. – Marcelene Cox

Category:
Food

I have been a gigantic Rolling Stones fan since approximately the Spanish-American War. – Dave Barry

Category:
War

It is often wise to reveal that which cannot be concealed for long. – Friedrich von Schiller

Category:
Publicity

An act of goodness is of itself an act of happiness. No reward coming after the event can compare with the sweet reward that went with it. – Maurice Maeterlinck

Category:
Happiness