Why Government Is the Problem
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Milton Friedman
MILTON FRIEDMAN (1912–2006), Nobel laureate economist and former presidential adviser, was the author of a number of books, including Capitalism and Freedom and Tyranny of the Status Quo, also written with his wife, Rose Friedman (1910–2009).
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Reviews for Why Government Is the Problem
24 ratings7 reviews
- Rating: 5 out of 5 stars5/5One of the best books ever written about economics and politics
- Rating: 4 out of 5 stars4/5Um bom livro para começar a entender as ideias do liberalismo.
- Rating: 5 out of 5 stars5/5Quick explanation on how the government causes harm even with good intentions
- Rating: 5 out of 5 stars5/5Milton Friedman was a great voice for economics and government interference, but one point that I think he’s somewhat wrong is when he talked about the draft for the military. The more I look at it, the more it seems as though at least undergoing basic training is a great way to integrate people into American culture and make them feel as though they are part of the country. Apart from that, Milton explained shortly that government isn’t helping more than hurting us.
- Rating: 5 out of 5 stars5/5Well reasoned, and well written. Friedman points out that all...private and public enterprise has same motivation, but the strategies are different, thus leading to different results.
- Rating: 4 out of 5 stars4/5Extremely brief, but despite having been written in 1993 it is still describing current problems, so I would recommend it to anybody that wants to know the viewpoints of Friedman.
1 person found this helpful
- Rating: 3 out of 5 stars3/5This is simply a transcript of a speech he gave. It also includes several questions and answers following the speech.For the well read Friedman fan or anyone who has watched some of the videos available on YouTube, this pamphlet offers nothing new. As an introductory read to Milton Friedman, it is useful. It is concise and well presented.
Book preview
Why Government Is the Problem - Milton Friedman
The Hoover Institution on War, Revolution and Peace, founded at Stanford University in 1919 by Herbert Hoover, who went on to become the thirty-first president of the United States, is an interdisciplinary research center for advanced study on domestic and international affairs. The views expressed in its publications are entirely those of the authors and do not necessarily reflect the views of the staff, officers, or Board of Overseers of the Hoover Institution.
www.hoover.org
Hoover Institution Press Publication—
Essays in Public Policy No. 39
Copyright © 1993 by the Board of Trustees of the Leland Stanford Junior University
Material contained in this essay may be quoted with appropriate citation.
First printing, 1993
Manufactured in the United States of America
Library of Congress Cataloging-in-Publication Data
Friedman, Milton, 1912-2006.
Why government is the problem / by Milton Friedman.
p. cm.— (Essays in public policy; no. 39)
ISBN-10: 0-8179-5442-2 (pbk.: alk. paper)
ISBN-13: 978-0-8179-5442-0 (pbk.: alk. paper)
1. United States—Economic policy—1981- .
2. United States—Politics and government—1981-1989.
3. United States—Politics and government—1989-1993.
4. Free enterprise—United States
I. Title. II. Series.
HB106.8.F743 1993
338—dc20 93-6673
EXECUTIVE SUMMARY
The major social problems of the United States—deteriorating education, lawlessness and crime, homelessness, the collapse of family values, the crisis in medical care—have been produced by well-intended actions of government. That is easy to document. The difficult task is understanding why government is the problem. The power of special interests arising from the concentrated benefits of most government actions and their dispersed costs is only part of the answer. A more fundamental part is the difference between the self-interest of individuals when they are engaged in the private sector and the self-interest of the same individuals when they are engaged in the government sector. The result is a government system that is no longer controlled by we, the people.
Instead of Lincoln's government of the people, by the people, and for the people,
we now have a government "of the people, by the bureaucrats,