There is an invisible hand in politics that operates in the opposite direction to the invisible hand in the market. In politics, individuals who seek to promote only the public good are led by an invisible hand to promote special interests that it was no part of their intention to promote.

Milton Friedman

More information about this quote

Topic

Special interests Unintended consequences Political theory Politics

Author

Milton Friedman

Genre

Political literature Economic literature

Language

English

Time

1983 1980s 20th century

Occupation

Nobel laureate Economist

From

United States

Authentication Score 1

Citation

Friedman, Milton. Bright Promises, Dismal Performance: An Economist's Protest. Harcourt Brace Jovanovich, 1983.

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Another quote from the 1980s

What we may be witnessing is not just the end of the Cold War but the end of history as such: that is, the end point of man's ideological evolution and the universalism of Western liberal democracy.

Francis Fukuyama

The End of History?

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Read this essay at ucsd.edu
More information about this quote
Topic
Cold War End of history Democracy International politics
Speaker
Francis Fukuyama
Source
The End of History?
Medium
Essay
Genre
Political literature
Statement Type
Bad predictions Prophecies and predictions
Language
English
Time
1989 1980s 20th century
Authentication Score 1
Citation

Fukuyama, Francis. "The End of History?" National Interest, summer 1989.

Another quote about Political theory

The fabric of American empire ought to rest on the solid basis of THE CONSENT OF THE PEOPLE. The streams of national power ought to flow immediately from that pure, original fountain of all legitimate authority.

Alexander Hamilton

Federalist 22

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Read Federalist No. 22 at the Library of Congress website
More information about this quote
Topic
Political theory American politics Politics

Author

Alexander Hamilton
Source
Federalist 22 The Federalist Papers
Medium
Essay
Genre
Political literature
Language
English
Time
1787 1780s 18th century
Era
American Revolutionary Period
Authentication Score 2
Original Citation

Hamilton, Alexander [published as Publius]. "Federalist No. 22: The Same Subject Continued: Other Defects of the Present Confederation." New York Packet, 14 Dec. 1787.

Current Citation

Hamilton, Alexander. "No. 22: Continuation.--Hamilton." The Federalist: A Commentary on the Constitution of the United States, edited by Robert Scigliano. The Modern Library, 2001.