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"The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for de… - Milton Friedman
"The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the "rule of the game" and as an umpire to interpret and enforce the rules decided on."
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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
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Additional quotes by Milton Friedman
People in Congress are in a business; they’re trying to buy votes; they’re in the business of competing with one another to get elected. The same Congressman will vote for a different thing if he thinks that’s politically profitable. You don’t have to change Congress. People have a great misconception in this way. They think the way you solve things is by electing the right people. It’s nice to elect the right people but that isn’t the way you solve things. The way you solve things is by making it politically profitable for the wrong people to do the right things!
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