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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…” quote by Milton Friedman
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“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.”

Milton Friedman

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.

Key Takeaway

Question policies critically, not idealistically.

Themes

politics economics policy bias interest groups idealism economics public choice policy analysis government intervention market failures special interests

Mood

skeptical critical

Type

analytical political

When to use this quote

  • Policy design
  • public debate
  • regulatory reform

Key Concepts

Idealized view of government blaming markets over‑simplification

Questions to Reflect On

  • How do special interests shape policy outcomes?
  • When is market failure a better explanation than government failure?
A Different Perspective

Idealized view may ignore real costs and unintended consequences.

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