If we have system in which government is in a position to g… - Milton Friedman

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If we have system in which government is in a position to give large favor - it's human nature to try to get this favor - whether those people are large enterprises, or whether they're small businesses like farmers, or whether they're representatives of any other special group. The only way to prevent that is to force them to engage in competition one with the other.

Milton Friedman

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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.

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Alternative Names: Milton Galbraith Friedman

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Originators like Milton Friedman:

F.A. Hayek Ludwig von Mises Murray N. Rothbard Leonard Read Friedrich Hayek

Additional quotes by Milton Friedman

However attractive anarchy may be as a philosophy, it is not feasible in a world of imperfect men.

You can only aim at equality by giving some people the right to take things from others. And what ultimately happens when you aim for equality is that A and B decide what C should do for D, except that they take a bit of commission off on the way.”

The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.

If we have system in which government is in a position to give large favor - it's human nature to try to get this favor - whether those people are la… - Milton Friedman

About Milton Friedman

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