Concentrated power is not rendered harmless by the good intentions of… — Quoted

“Quotes”

“Concentrated power is not rendered harmless by the good intentions of those who create it.”

Milton Friedman · Good

⇩

Show me another

Tip: press → for another quote, C to copy, S to share.

Milton Friedman

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

Freedom

Milton Friedman

Inflation is taxation without legislation.

Finance

Milton Friedman

A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.

Freedom

Milton Friedman

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.

Government