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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. - Milton Friedman
" "Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
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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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A very different meaning of equality has emerged in the United States in recent decades — equality of outcome. Everyone should have the same level of living or of income, should finish the race at the same time. Equality of outcome is in clear conflict with liberty. The attempt to promote it has been a major source of bigger and bigger government, and of government-imposed restrictions on our liberty.
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The construction of hypotheses is a creative act of inspiration, intuition, invention; its essence is the vision of something new in familiar material. The process must be discussed in psychological, not logical, categories; studied in autobiographies and biographies, not treatises on scientific method; and promoted by maxim and example, not syllogism or theorem.
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