Unlimited Quote Collections
Organize your favorite quotes without limits. Create themed collections for every occasion with Premium.
A major reason why intellectuals tend to move towards collectivism is that the collectivist answer is a simple one. If there's something wrong pass a… - Milton Friedman
" "A major reason why intellectuals tend to move towards collectivism is that the collectivist answer is a simple one. If there's something wrong pass a law and do something about it. If there's something wrong it's because of some no-good bum, some devil, evil and wicked — that's a very simple story to tell. You don't have to be very smart to write it and you don't have to be very smart to accept it. On the other hand, the individualistic or libertarian argument is a sophisticated and subtle one. If there's something wrong with society, if there's a real social evil, maybe you will make better progress by letting people voluntarily try to eliminate the evil.
English
Collect this quote
About Milton Friedman
Milton Friedman (31 July 1912 – 16 November 2006) was an American economist noted for his support for free markets and a reduction in the size of government. In 1976 he was awarded a Nobel Prize in Economics.
Biography information from Wikiquote
Also Known As
Alternative Names:
Milton Galbraith Friedman
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Milton Friedman
Thomas Moore estimates that their aggregate value in 1972 was between $2 and $3 billion6 — a value that corresponds solely to a government-granted monopoly position. It constitutes wealth for the people who own the certificates, but for the society as a whole it is a measure of the loss from government intervention, not a measure of productive capacity.
Loading...