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

There it is, ladies and gentlemen, the Bronx is burning.

Howard Cosell

More information about this quote
Topic
Decline of New York City New York City
Speaker
Howard Cosell
Medium
TV program
Language
English
Time
1977 1970s 20th century
Authentication Score 3
Original Citation

Cosell, Howard. Reporting a fire during the World Series. World Series. 12 Oct. 1977, Yankee Stadium, Bronx, NY, USA.

Current Citation

Cosell, Howard. Quoted in The Bronx is Burning: 1977, Baseball, Politics, and the Battle for the Soul of a City, written by Jonathan Mahler. Picador, 2007, ch. 64.

Another quote about Government

It may be a reflection on human nature, that such devices should be necessary to control the abuses of government. But what is government itself, but the greatest of all reflections on human nature? If men were angels, no government would be necessary.

James Madison

Federalist 51

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Read Federalist No. 51 at the Library of Congress website
More information about this quote
Topic
Political theory Politics Government Human nature

Author

James Madison
Source
Federalist 51 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. 51, The Structure of the Government Must Furnish the Proper Checks and Balances Between the Different Departments." New York Packet, 8 Feb. 1788.

Current Citation

Madison, James. "No. 51: How to maintain: make the parts check each other. Also, a federal system divides power further.--Madison (or Hamilton)." The Federalist: A Commentary on the Constitution of the United States, edited by Robert Scigliano. The Modern Library, 2001.