--- title: "Meaning & Key Takeaway of: Corruption is government intrusion into…" description: "\"Corruption is government intrusion into market efficiencies in the form of regulations.\" — Milton Friedman" image: "https://sms4smile.com/quotes/i/2a6/milton-friedman-616_corruption_corruption-is-government-intrusion-into_1822095.png" --- # Corruption is government intrusion into market… ![“Corruption is government intrusion into market efficiencies in the form of regulations.” quote by Milton Friedman](https://sms4smile.com/quotes/i/2a6/milton-friedman-616_corruption_corruption-is-government-intrusion-into_1822095.png) [Download](https://sms4smile.com/quotes/i/2a6/milton-friedman-616_corruption_corruption-is-government-intrusion-into_1822095.png) [Open image](https://sms4smile.com/quotes/i/2a6/milton-friedman-616_corruption_corruption-is-government-intrusion-into_1822095.png) > “Corruption is government intrusion into market efficiencies in the form of regulations.” [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Government regulation can hinder market efficiency, acting as an intrusive force. **In simple terms:** Regulation can disrupt market efficiency. Key Takeaway Limit unnecessary governmental interference. Themes economics government efficiency Mood analytical critical Type academic policy When to use this quote - policy analysis - business strategy - public debate Key Concepts liberalism market theory Questions to Reflect On - When is regulation justified? - How can markets self‑regulate? A Different Perspective Regulation sometimes protects consumers and environment. ★ ★ ★ ★ ★ No ratings yet [Corruption](https://sms4smile.com/quotes/about/corruption/) [Corruption Government](https://sms4smile.com/quotes/about/corruption-government/) [Efficiency](https://sms4smile.com/quotes/about/efficiency/) [Form](https://sms4smile.com/quotes/about/form/) [Government](https://sms4smile.com/quotes/about/government/) [Government Intrusion](https://sms4smile.com/quotes/about/government-intrusion-1313998/) [Intrusion](https://sms4smile.com/quotes/about/intrusion/) [Intrusion Market](https://sms4smile.com/quotes/about/intrusion-market-2202789/) [Investing](https://sms4smile.com/quotes/about/investing/) [Market Efficiencies](https://sms4smile.com/quotes/about/market-efficiencies-2202788/) [Market efficiency](https://sms4smile.com/quotes/about/market-efficiency/) [Politics](https://sms4smile.com/quotes/about/politics/) [Regulation](https://sms4smile.com/quotes/about/regulation/) ## Related quotes > [The Founding Fathers set up a system that heavily relied upon self-reliance and competition, with only a small dose of government intrusion.](https://sms4smile.com/quotes/bill-o-reilly/the-founding-fathers-set-up-a-system-that-heavily-relied-upon-self/) [Bill O'Reilly](https://sms4smile.com/quotes/author/bill-o-reilly/) > [As the most participatory form of mass speech yet developed, the Internet deserves the highest protection from government intrusion.](https://sms4smile.com/quotes/anonymous/as-the-most-participatory-form-of-mass-speech-yet-developed-the/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Both sides of the political spectrum must one day realize that limitless government intrusion in the economy, in our personal lives, and in the…](https://sms4smile.com/quotes/ron-paul/both-sides-of-the-political-spectrum-must-one-day-realize-that/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [The argument for the free market is a complicated and sophisticated one and depends on demonstration of secondary effects. I have confidence market efficiency…](https://sms4smile.com/quotes/milton-friedman/the-argument-for-the-free-market-is-a-complicated-and-sophisticated/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [In an age when many of our citizens casually reveal information about themselves in social media wildly beyond anything imaginable only a decade ago,…](https://sms4smile.com/quotes/richard-ben-veniste/in-an-age-when-many-of-our-citizens-casually-reveal-information-about/) [Richard Ben-Veniste](https://sms4smile.com/quotes/author/richard-ben-veniste/) > [I think the Republican Party is supposed to be the party of less government intrusion.](https://sms4smile.com/quotes/monica-crowley/i-think-the-republican-party-is-supposed-to-be-the-party-of-less/) [Monica Crowley](https://sms4smile.com/quotes/author/monica-crowley/) > [Founded in rebellion against colonial tyranny, our country is naturally suspicious of government intrusion, interference, and snooping. European systems, by comparison, grow out of…](https://sms4smile.com/quotes/jacob-weisberg/founded-in-rebellion-against-colonial-tyranny-our-country-is/) [Jacob Weisberg](https://sms4smile.com/quotes/author/jacob-weisberg/) > [Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and…](https://sms4smile.com/quotes/milton-friedman/cutting-government-spending-and-government-intrusion-in-the-economy/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [“Not surprisingly, the father if market efficiency, Gene Farma, has a very clever way to avoid the pitfalls of hyperbolic discounting. When he's invited…](https://sms4smile.com/quotes/andrew-w-lo/not-surprisingly-the-father-if-market-efficiency-gene-farma-has-a/) [Andrew W. Lo](https://sms4smile.com/quotes/author/andrew-w-lo/) > [Some economists became obsessed with market efficiency and others with market failure. Generally held to be members of opposite schools-freshwater and saltwater, Chicago and…](https://sms4smile.com/quotes/george-gilder/some-economists-became-obsessed-with-market-efficiency-and-others/) [George Gilder](https://sms4smile.com/quotes/author/george-gilder/) > [I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.](https://sms4smile.com/quotes/eugene-fama/i-take-the-market-efficiency-hypothesis-to-be-the-simple-statement/) [Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/) > [During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes…](https://sms4smile.com/quotes/andrew-lo/during-periods-of-extreme-fear-or-greed-you-don-t-have-the-proper/) [Andrew Lo](https://sms4smile.com/quotes/author/andrew-lo/) > [The protection of private property does more than promote market efficiency; it enhances the level of human freedom in the most intimate and personal…](https://sms4smile.com/quotes/richard-allen-epstein/the-protection-of-private-property-does-more-than-promote-market/) [Richard Allen Epstein](https://sms4smile.com/quotes/author/richard-allen-epstein/) > [“The adjective “efficient” in “efficient markets” refers to how investors use information. In an efficient market, every titbit of new information is processed correctly…](https://sms4smile.com/quotes/alan-s-blinder/the-adjective-efficient-in-efficient-markets-refers-to-how-investors/) [Alan S. Blinder](https://sms4smile.com/quotes/author/alan-s-blinder/) > [First, those who disagree with market efficiency simply assert that it stands to common sense that greater effort to get facts and greater acumen…](https://sms4smile.com/quotes/paul-samuelson/first-those-who-disagree-with-market-efficiency-simply-assert-that-it/) [Paul Samuelson](https://sms4smile.com/quotes/author/paul-samuelson/) ## More by Milton Friedman > [The government solution to a problem is usually as bad as the problem.](https://sms4smile.com/quotes/milton-friedman/the-government-solution-to-a-problem-is-usually-as-bad-as-the-problem/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [I believe the role that people like myself have played in the transformation of public opinion has been by persistently presenting a different point…](https://sms4smile.com/quotes/milton-friedman/i-believe-the-role-that-people-like-myself-have-played-in-the/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [To really understand something you've got to reduce it to its principles.](https://sms4smile.com/quotes/milton-friedman/to-really-understand-something-you-ve-got-to-reduce-it-to-its/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the…](https://sms4smile.com/quotes/milton-friedman/it-is-a-mark-of-how-far-we-have-gone-on-the-road-to-serfdom-that/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces…](https://sms4smile.com/quotes/milton-friedman/economic-freedom-is-an-essential-requisite-for-political-freedom-by/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [“The people in one district can choose not to reelect their member of Congress, but that will not change the composition of the government…](https://sms4smile.com/quotes/milton-friedman/the-people-in-one-district-can-choose-not-to-reelect-their-member-of/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [When you have a time of crisis what happens depends on what ideas are floating around, and what ideas have been developed, and thought…](https://sms4smile.com/quotes/milton-friedman/when-you-have-a-time-of-crisis-what-happens-depends-on-what-ideas-are/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [The government doesn't have any money. The only power it has is to take from some and give to others.](https://sms4smile.com/quotes/milton-friedman/the-government-doesn-t-have-any-money-the-only-power-it-has-is-to/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [What would the people who sold us goods do with the money? They'd get dollars. What would they do with the dollars? Eat them?!](https://sms4smile.com/quotes/milton-friedman/what-would-the-people-who-sold-us-goods-do-with-the-money-they-d-get/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them to have…](https://sms4smile.com/quotes/milton-friedman/world-trade-depends-on-differences-among-countries-not-similarities/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [Is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run…](https://sms4smile.com/quotes/milton-friedman/is-there-some-society-you-know-of-that-doesn-t-run-on-greed-you-think/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on…](https://sms4smile.com/quotes/milton-friedman/well-first-of-all-tell-me-is-there-some-society-you-know-of-that/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior.](https://sms4smile.com/quotes/milton-friedman/i-think-almost-every-economist-would-agree-that-government-gets/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability.…](https://sms4smile.com/quotes/milton-friedman/it-is-most-attractive-about-the-us-to-people-and-countries-with/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [Hong Kong is the bellwether. If the Chinese stick to their agreement to let Hong Kong go its own path, then China will also…](https://sms4smile.com/quotes/milton-friedman/hong-kong-is-the-bellwether-if-the-chinese-stick-to-their-agreement/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) [Explore all 444 Milton Friedman quotes ](https://sms4smile.com/quotes/author/milton-friedman/) ## More Corruption quotes > [We could form a government of national unity fighting corruption. The ordinary Afghan is sick and tired of it, because it's she or he…](https://sms4smile.com/quotes/ashraf-ghani/we-could-form-a-government-of-national-unity-fighting-corruption-the/) [Ashraf Ghani](https://sms4smile.com/quotes/author/ashraf-ghani/) > [Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corruption, government handing…](https://sms4smile.com/quotes/amity-shlaes/right-now-we-re-concerned-about-budget-right-now-we-re-concerned/) [Amity Shlaes](https://sms4smile.com/quotes/author/amity-shlaes/) > [In the lead up to the Iraq war and its later conduct, I saw at a minimum, true dereliction, negligence and irresponsibility, at worse,…](https://sms4smile.com/quotes/anthony-zinni/in-the-lead-up-to-the-iraq-war-and-its-later-conduct-i-saw-at-a/) [Anthony Zinni](https://sms4smile.com/quotes/author/anthony-zinni/) > [“Don't let cycles of violent crimes, uncontrollable, rising cases of bloody impunity, evil puppets in a crippled judiciary, marionettes in a corrupted legislative system…](https://sms4smile.com/quotes/angelica-hopes/don-t-let-cycles-of-violent-crimes-uncontrollable-rising-cases-of/) [Angelica Hopes](https://sms4smile.com/quotes/author/angelica-hopes/) > [What greater weakness can there be than not to know what is the source of one's being, of one's life, of one's senses, of…](https://sms4smile.com/quotes/jean-de-la-bruyere/what-greater-weakness-can-there-be-than-not-to-know-what-is-the/) [Jean de la Bruyere](https://sms4smile.com/quotes/author/jean-de-la-bruyere/) > [My aim was to make money for the bank. You lose track of the amounts involved when you are engaged in this kind of…](https://sms4smile.com/quotes/jerome-kerviel/my-aim-was-to-make-money-for-the-bank-you-lose-track-of-the-amounts/) [Jerome Kerviel](https://sms4smile.com/quotes/author/jerome-kerviel/) > [Democracy must be built through open societies that share information. When there is information, there is enlightenment. When there is debate, there are solutions.…](https://sms4smile.com/quotes/atifete-jahjaga/democracy-must-be-built-through-open-societies-that-share-information/) [Atifete Jahjaga](https://sms4smile.com/quotes/author/atifete-jahjaga/) > [As you fight corruption, it fights back.](https://sms4smile.com/quotes/yemi-osinbajo/as-you-fight-corruption-it-fights-back/) [Yemi Osinbajo](https://sms4smile.com/quotes/author/yemi-osinbajo/) > [Selfishness is one of the principal fruits of the corruption of human nature; and it is obvious that selfishness disposes us to over-rate our…](https://sms4smile.com/quotes/william-wilberforce/selfishness-is-one-of-the-principal-fruits-of-the-corruption-of-human/) [William Wilberforce](https://sms4smile.com/quotes/author/william-wilberforce/) > [ Corruption could lead to the collapse of the Party \[Communist Party of China\] and the downfall of the state \[People's Republic of China\]. ](https://sms4smile.com/quotes/xi-jinping/corruption-could-lead-to-the-collapse-of-the-party-communist-party-of/) [Xi Jinping](https://sms4smile.com/quotes/author/xi-jinping/) > [“Oh where is the noble face of modesty, or the strength of virtue, now that blasphemy is in power and men have put justice…](https://sms4smile.com/quotes/euripides/oh-where-is-the-noble-face-of-modesty-or-the-strength-of-virtue-now/) [Euripides](https://sms4smile.com/quotes/author/euripides/) > [I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an…](https://sms4smile.com/quotes/barack-obama/i-can-say-across-europe-that-many-principles-that-have-been-taken-for/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The victory of Hamas is not only based on the corruption of the Palestinian Authority. Hamas has a vision and a program, and this…](https://sms4smile.com/quotes/ismail-haniyeh/the-victory-of-hamas-is-not-only-based-on-the-corruption-of-the/) [Ismail Haniyeh](https://sms4smile.com/quotes/author/ismail-haniyeh/) > [It looked incredibly credible!](https://sms4smile.com/quotes/nicola-horlick/it-looked-incredibly-credible/) [Nicola Horlick](https://sms4smile.com/quotes/author/nicola-horlick/) > [All power corrupts but some must govern.](https://sms4smile.com/quotes/john-le-carre/all-power-corrupts-but-some-must-govern/) [John le Carre](https://sms4smile.com/quotes/author/john-le-carre/) [Browse all 2,253 Corruption quotes ](https://sms4smile.com/quotes/about/corruption/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Corruption is government intrusion into market efficiencies in the form of regulations.", "creator": { "@type": "Person", "name": "Milton Friedman" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/milton-friedman/corruption-is-government-intrusion-into-market-efficiencies-in-the/", "about": { "@type": "Thing", "name": "Corruption" }, "@id": "https://sms4smile.com/quotes/milton-friedman/corruption-is-government-intrusion-into-market-efficiencies-in-the/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2a6/milton-friedman-616_corruption_corruption-is-government-intrusion-into_1822095.png", "contentUrl": "https://sms4smile.com/quotes/i/2a6/milton-friedman-616_corruption_corruption-is-government-intrusion-into_1822095.png", "url": "https://sms4smile.com/quotes/i/2a6/milton-friedman-616_corruption_corruption-is-government-intrusion-into_1822095.png", "width": 1080, "height": 1080, "caption": "“Corruption is government intrusion into market efficiencies in the form of regulations.” — Milton Friedman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Milton Friedman", "item": "https://sms4smile.com/quotes/author/milton-friedman/" }, { "@type": "ListItem", "position": 4, "name": "Corruption is government intrusion into market...", "item": "https://sms4smile.com/quotes/milton-friedman/corruption-is-government-intrusion-into-market-efficiencies-in-the/" } ], "@id": "https://sms4smile.com/quotes/milton-friedman/corruption-is-government-intrusion-into-market-efficiencies-in-the/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```