Very few people spend other people's money as carefully as they spend their own.

Milton Friedman

More information about this quote

Topic

Moral hazard Government spending Economics Government Political theory

Author

Milton Friedman

Source

Open Mind

Medium

Interview TV program

Language

English

Time

1975 1970s 20th century

Occupation

Nobel laureate Economist

From

United States

Authentication Score 3

Citation

The Open Mind. Interview with Milton Friedman. Hosted by Richard Heffner. The Open Mind Legacy Project. National Educational Telecommunications Association, PBS, 7 Dec. 1975, www.YouTube.com/watch?v=k2Kg2SvsI8Q

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A quote by Milton Friedman about moral hazard: “Very few people spend other people's money as carefully as they spend their…”
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Related Quotes

Below are one or more quotes that share at least one tag with the quote at the top of the page

Another quote from the 1970s

Imagine there's no heaven,
It's easy if you try,
No hell below us,
Above us only sky.

John Lennon

Imagine

Listen to Imagine at Amazon Listen to Imagine at Amazon
Read the lyrics to Imagine at genius.com
More information about this quote
Topic
Heaven Hell Existence of God
Speaker
John Lennon
Source
Imagine
Medium
Song
Genre
Pop music
Language
English
Time
1971 1970s 20th century
Authentication Score 2
Citation

Lennon, John. "Imagine." Imagine. Apple Records, 1971.

Another quote about Political theory

If all men were just, there still would be some, though not so much, need of government.

Abraham Lincoln

Read the full text of this quote at umich.edu
More information about this quote
Topic
Government Human nature Political theory Politics

Author

Abraham Lincoln
Source
Journals of Abraham Lincoln
Medium
Personal journal
Language
English
Time
1854 1850s 19th century
Authentication Score 2
Original Citation

Lincoln, Abraham. "Fragment: On Government." 1 July 1854?

Current Citation

Lincoln, Abraham. "Fragment on Government, 1854?" Abraham Lincoln: Speeches and Writings 1832-1858, edited by Don E. Fehrenbacher. Library of America, 1989.