korrents

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The Great Depression was produced by government mismanagement, not by instability inherent in the private economy

Drawn from what Milton Friedman said

SubjectsAI and jobsgovernment
What these subjects mean

AI and jobs Whether AI displaces human work, which jobs go first, and what replaces them.

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

What Milton Friedman actually said

  1. Milton Friedman American economist (1912 to 2006) and 1976 Nobel laureate…
    Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

    Where this was said

    ↗Capitalism and Freedom (University of Chicago Press, 2002 edition)books.google.com

    c. 1962

    All 20 korrents from this piecethis one is 17th

Added to korrents 3 Oct 2026 · How quotes work · Something wrong? Tell us

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