If you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
-Milton Friedman, America’s Drug Forum Interview, 1991
Tag: Milton Friedman
Milton Friedman on the Concentration of Power
Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power. Government is necessary to preserve our freedom, it is an instrument through which we can exercise our freedom; yet by concentrating power in political hands, it is also a threat to freedom. Even though the men who wield this power initially be of good will and even though they be not corrupted by the power they exercise, the power will both attract and form men of a different stamp.
–Milton Friedman, Capitalism and Freedom, 1962.
The Great Threat to Freedom Is . . .
Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power. Government is necessary to preserve our freedom, it is an instrument through which we can exercise our freedom; yet by concentrating power in political hands, it is also a threat to freedom. Even though the men who wield this power initially be of good will and even though they be not corrupted by the power they exercise, the power will both attract and form men of a different stamp.
Milton Friedman, Capitalism and Freedom, 1962