Milton Friedman Quote


Freedom


Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or central direction, it reduces the area over which political power is exercised. In addition, by dispersing power, the free market provides an offset to whatever concentration of political power may arise. The combination of economic and political power in the same hands is a sure recipe for tyranny.

-- Milton Friedman
 
Free to Choose, 1980
 

See Also
   Power
   Tyranny