Phrase by 'Milton Friedman'
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Concentrated power is not rendered harmless by the good intentions of those who create it.
Author: Milton Friedman - American EconomistGood , Power , Create , Good Intentions
The power to do good is also the power to do harm.
Author: Milton Friedman - American EconomistGood , Also , Power , Harm
The government solution to a problem is usually as bad as the problem.
Author: Milton Friedman - American EconomistIndeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
Author: Milton Friedman - American EconomistPeople , Freedom , Free , Group
And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?
Author: Milton Friedman - American EconomistYou , Me , People , Political
I think that the Internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash - a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A.
Author: Milton Friedman - American EconomistInternet , You , Think , Government