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Milton Friedman quotes about power

American Economist July 31, 1912 – November 16, 2006

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Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power. Government is necessary to preserve our freedom, it is an instrument through which we can exercise our freedom; yet by concentrating power in political hands, it is also a threat to freedom. Even though the men who wield this power initially be of good will and even though they be not corrupted by the power they exercise, the power will both attract and form men of a different stamp. Milton Friedman
Milton Friedman quote: "Concentrated power is not rendered harmless by the good..."
Concentrated power is not rendered harmless by the good intentions of those who create it. Milton Friedman
Milton Friedman quote: "The power to do good is also the power to do harm."
The power to do good is also the power to do harm. Milton Friedman
Political freedom means the absence of coercion of a man by his fellow men. The fundamental threat to freedom is power to coerce, be it in the hands of a monarch, a dictator, an oligarchy, or a momentary majority. The preservation of freedom requires the elimination of such concentration of power to the fullest possible extent and the dispersal and distribution of whatever power cannot be eliminated? a system of checks and balances. Milton Friedman

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