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

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. – Milton Friedman

Category:
Government
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History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. – Milton Friedman

Category:
Freedom
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Other Quotes from
Government
category

If the law is upheld only by government officials, then all law is at an end. – Herbert Hoover

Category:
Government

Talk is cheap — except when Congress does it. – Cullen Hightower

Category:
Government

Television of course actually started in Britain in 1936, and it was a monopoly, and there was only one broadcaster and it operated on a license which is not the same as a government grant. – David Attenborough

Category:
Government

But ours was intended to be a citizen government. It is what of, by and for the people means. And when our most important issue in California is the creation of jobs, I think its quite helpful to have someone in the U.S. Senate or in the governors seat who actually knows where jobs come from. – Carly Fiorina

Category:
Government

Random Quotes

There was once a caustic comment from someone suggesting I was breeding a new race. Fans from different countries have married, amazing things like that. Ive been to some of the weddings. I went to one here the other day, a pagan ceremony. – Terry Pratchett

Category:
amazing

Everybody loves some fun, back-breaking manual labor! – Animal Crossing: Wild World (Nintendo video game) written by Takayuki Ikkaku, Ar

Category:
Labor

Weve got a bunch of new writers now who tell me they grew up watching The Simpsons. Its bizarre, and theyre writing some very funny stuff. – Matt Groening

Category:
funny

Who knows most believes least. – Proverb

Category:
Knowledge