Business Quote by Milton Friedman
“With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.”
About This Quote
Source Book: Capitalism and Freedom, 1962
Business leaders generally support free markets but resist them when personal interests are affected.
In simple terms: People like free enterprise but oppose it when it hurts them.
Recognize personal bias in economic views.
Themes
Mood
Type
When to use this quote
- policy debates
- business decisions
- ethical discussions
Key Concepts
Questions to Reflect On
- How does selfinterest shape policy preferences?
- Can true free enterprise exist without bias?
Ideal free markets rarely account for personal gain conflicts.