Friday, May 2, 2008

Friedman on Business and Government

Thirty years ago in Reason magazine, Milton Friedman wrote about business:

“How many businessmen have you heard in the past 10 years who have been willing to stand up on some public rostrum and take issue with governmental policies? Many a businessman gets up and expresses general sentiments in favor of free enterprise and of competition, but very few get up and criticize particular measures taken by government. And I don’t blame them. They would be fools to do it!”

—Milton Friedman, “Which Way for Capitalism?”

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