Quote on Power and Tyranny by Milton Friedman

„The combination of economic and political power in the same hands is a sure recipe for tyranny.“

Milton FriedmanMilton Friedman on the dangers that arise when economic and political power are concentrated in the same hands.
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Milton Friedman was an American economist and a leading figure in the field of monetarism.

Milton Friedman was an American economist and a leading representative of monetarism. The quote addresses the dangers of concentrated power.


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Milton Friedman quote image about the dangers of combining economic and political power

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.

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"So many idealistic political movements for a better world have ended in mass-murdering dictatorships. Giving leaders enough power to create 'social justice' is giving them enough power to destroy all justice, all freedom, and all human dignity." Thomas Sowell
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