They think that the cure to big government is to have bigger government... the only effective cure is to reduce the scope of government - get governm… - Milton Friedman
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They think that the cure to big government is to have bigger government... the only effective cure is to reduce the scope of government - get government out of the business.
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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.
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Unfortunately, the hardest thing for people to understand is that maybe if you leave things alone, it'll be better than stepping in and trying to do something.
At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.
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Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government — in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.