Milton Friedman on Bureaucracy and Federal Agencies

„Pick at random any three letters from the alphabet, put them in any order, and you will have an acronym designating a federal agency we can do without.“

Milton FriedmanMilton Friedman offers a pointed comment on bureaucracy and the usefulness of federal agencies.
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Milton Friedman was an American economist and a leading figure in the field of monetarism.

A pointed quotation by Milton Friedman criticizing government bureaucracy and federal agencies.


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Milton Friedman quote about bureaucracy and federal agencies

Milton Friedman (1912–2006) was an American economist and Nobel laureate, renowned for his contributions to microeconomics, monetarism, and his advocacy of free-market policies. He influenced economic policy in the US and worldwide.

Quote on government as a broker in pillage by Henry Louis MenckenCopyright © yoice.net – Quote Artwork
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"The government consists of a gang of men exactly like you and me. They have, taking one with another, no special talent for the business of government; they have only a talent for getting and holding office. Their principal device to that end is to search out groups who pant and pine for something they can't get and to promise to give it to them. Nine times out of ten that promise is worth nothing. The tenth time is made good by looting A to satisfy B. In other words, government is a broker in pillage, and every election is sort of an advance auction sale of stolen goods." Henry Louis Mencken
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