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
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Other quotes by Milton Friedman
If you put the federal government in charge of the Sahara Desert, in 5 years thered be a shortage of sand. – Milton Friedman
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If even a small fraction of the money we now spend on trying to enforce drug prohibition were devoted to treatment and drug rehabilitation, in an atmosphere of compassion not punishment, the reduction in drug usage and in the harm done to users could be dramatic. – Milton Friedman
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