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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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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Another quote from the 1970s

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

Walter Benjamin

One Way Street

Buy One-Way Street at Amazon Buy One-Way Street at Amazon
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

From each according to his abilities, to each according to his needs!

Karl Marx

Read Critique of the Gotha Programme at marxists.org
More information about this quote
Topic
Redistribution of wealth Socialism Communism Political theory Politics

Author

Karl Marx
Source
Critique of the Gotha Programme
Genre
Political literature Economic literature
Statement Type
Precepts and axioms
Language
German
Time
1883 1880s 19th century
Authentication Score 2
Original Citation

Marx, Karl. Kritik des Gothaer Programms [Critique of the Gotha Programme]. Berlin: Friedrich Engels, 1891, pt. 1.

Current Citation

Marx, Karl. Critique of the Gotha Program, translated by Kevin B. Anderson. PM Press, 2022, pt. 1.