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The Economic Times
The Economic Times
Aastha Raj

Quote of the day by American Economist Milton Friedman: ‘If you put the federal government in charge of the Sahara Desert, in 5 years…’ Witty take on inefficiency, corruption, and control as world faces oil and gas crisis

Quote of the day: Few economists shaped modern debates about money, government and free markets as deeply as Milton Friedman. Known for his sharp intellect and plainspoken style, Friedman spent decades challenging conventional political and economic thinking in the United States. Whether he was debating inflation, criticizing excessive regulation or defending individual freedom, he had a way of turning complicated ideas into memorable one-liners that ordinary people could understand. Long after his death in 2006, many of his quotes continue to circulate because they speak not only about economics, but also about efficiency, accountability and human nature. One of his most famous observations remains especially relevant in an era of rising bureaucracy and public frustration over systems that often appear slow and wasteful.

Quote of the day today

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