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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Related Quotes

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Another quote from the 1970s

To be happy is to be able to become aware of oneself without fright.

Walter Benjamin

One Way Street

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More information about this quote
Topic
Self-knowledge Happiness

Author

Walter Benjamin
Source
One Way Street
Language
German
Time
1979 1970s 20th century
Authentication Score 3
Original Citation

Benjamin, Walter. Einbahnstraße [One Way Street]. Ernst Rowohlt Verlag, 1928.

Current Citation

Benjamin, Walter. One-Way Street, translated by Edmund Jephcott, edited by Michael W. Jennings. Belknap Press, 2016.

Another quote about Political theory

The accumulation of all powers, legislative, executive, and judiciary, in the same hands, whether of one, a few, or many, and whether hereditary, selfappointed, or elective, may justly be pronounced the very definition of tyranny.

James Madison

Federalist 47

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Read Federalist No. 47 at the Library of Congress website
More information about this quote
Topic
Tyranny Political theory Politics

Author

James Madison
Source
Federalist 47 The Federalist Papers
Medium
Essay
Genre
Political literature
Language
English
Time
1788 1780s 18th century
Era
American Revolutionary Period
Authentication Score 2
Original Citation

Madison, James [published as Publius]. "Federalist No. 47: The Particular Structure of the New Government and the Distribution of Power Among Its Different Parts." New York Packet, 1 Feb. 1788.

Current Citation

Madison, James. "No. 47: Complete separation of powers not required.--Madison." The Federalist: A Commentary on the Constitution of the United States, edited by Robert Scigliano. The Modern Library, 2001.