We have heard much these past few years of how the government protects the consumer. A far more urgent problem is to protect the consumer from the go… - Milton Friedman

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We have heard much these past few years of how the government protects the consumer. A far 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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Shorter versions of this quote

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

Additional quotes by Milton Friedman

The way you solve things is by making it politically profitable for the wrong people to do the right thing.

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.

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