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Milton Friedman
Milton Friedman
- There is an invisible hand in politics that operates in the opposite direction to the invisible hand in the market. In politics, individuals who seek to promote only the public good are led by an invisible hand to promote special interests that it was no part of their intention to promote.Bright Promises, Dismal Performance: An Economist's Protest (1983); see Smith
- History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition for it.Capitalism and Freedom (1962)
- Inflation is the one form of taxation that can be imposed without legislation.in Observer 22 September 1974
- Thank heavens we do not get all of the government that we are made to pay for.quoted in the House of Lords, 24 November 1994