“If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention. This is an important reason why many earlier liberals, like Henry Simons, writing at a time when government was small by today's standards, were willing to have government undertake activities that today's liberals would not accept now that government has become so overgrown.”
Quote by Milton Friedman
Work
Milton Friedman on Freedom: Selections from The Collected Works of Milton Friedman
This book presents a curated selection of essays, speeches, and articles by Milton Friedman, exploring the concept of freedom from an economic perspective. The collection offers insights into Friedman's influential theories and ideas on liberty, free markets, and their impact on society. more
Author
Milton Friedman
Milton Friedman was a renowned economist known for his contributions to the field of free-market economics. His research in monetary economics, consumer behavior, and tax policy has had a profound impact. more
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