4 Milton Friedman Quotes on Regulation

Milton Friedman quotes on regulation

10. The broader and more influential organisations of businessmen have acted to undermine the basic foundation of the free market system they purport to represent and defend.

29. The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the 'rule of the game' and as an umpire to interpret and enforce the rules decided on.

42. What is not forbidden in Sweden, is obligatory.

47. Corruption is government intrusion into market efficiencies in the form of regulations.