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Milton Friedman
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Milton Friedman


"Concentrated power is not rendered harmless by the good intentions of those who create it."  Milton Friedman
  U.S. economist — arguably the most influential since Keynes fell out of favor; noted as a proponent of monetarism and as an advocate for the utilization of market mechanisms (1912-2006)
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Notes:
"There are very few people over the generations who have ideas that are sufficiently original to materially alter the direction of civilization. Milton is one of those very few people."

Alan Greenspan, Federal Reserve Board chairman 1987-2006
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  • "Concentrated power is not rendered harmless by the good intentions of those who create it."  Milton Friedman
  • It was the economist Milton Friedman who helped come up with a solution to this one: automatic tax withholding from employees’ paychecks.
    Steven D. Levitt & Stephen J. Dubner  --  Freakonomics
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Associated words [difficulty]:   Milton Friedman [9] , Keynes [9]
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Most commonly used in these subjects:   History, Business, Personal Finance, Public Policy & Politics
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