Able Quote by Milton Friedman
“There is still a tendency to regard any existing government intervention as desirable, to attribute all evils to the market, and to evaluate new proposals for government control in their ideal form, as they might work if run by able, disinterested men free from the pressure of special interest groups.”
About This Quote
Source Book: Capitalism and Freedom, 1962
People often idealize government action and blame markets for problems, ignoring complexities and special‑interest pressures.
In simple terms: Governments are over‑idealized, markets blamed unfairly.
Question policies critically, not idealistically.
Themes
Mood
Type
When to use this quote
- Policy design
- public debate
- regulatory reform
Key Concepts
Questions to Reflect On
- How do special interests shape policy outcomes?
- When is market failure a better explanation than government failure?
Idealized view may ignore real costs and unintended consequences.