Quote of the day - Milton Friedman
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Milton Friedman
Labels: economics, Milton Friedman, Quote
"And indeed, the burden of Cassandra's "gift" is evident in mythology. She predicted the outcome of many disastrous events. In one memorable example, Cassandra announced the dire consequences of the Trojans accepting the infamous Wooden Horse from their Greek opponents. But as Apollo made certain, no one believed Cassandra when she warned her companions about the future. And this, in the end, was to be Cassandra's tragic fate."
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Labels: economics, Milton Friedman, Quote
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