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

Illustrated Quote

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

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

Some people feel the rain, others just get wet.

Roger Miller

More information about this quote
Topic
Being present Experiencing things Rain

Author

Roger Miller
Medium
TV program
Language
English
Time
1973 1970s 20th century
Authentication Score 0
Citation

Miller, Roger. Roger Miller and His Friends. ABC, 1 Jan. 1973.

Another quote about Political theory

Enlightened statesmen will not always be at the helm.

James Madison

Federalist 10

Buy The Federalist Papers at Amazon Buy The Federalist Papers at Amazon
Read Federalist No. 10 at the Library of Congress website
More information about this quote
Topic
Political leadership Checks and balances Political theory Politics

Author

James Madison
Source
Federalist 10 The Federalist Papers
Medium
Essay
Genre
Political literature
Language
English
Time
1787 1780s 18th century
Era
American Revolutionary Period
Authentication Score 2
Original Citation

Madison, James [published as Publius]. "Federalist No. 10: The Same Subject Continued: The Union as a Safeguard Against Domestic Faction and Insurrection." Daily Advertiser, 22 Nov. 1787.

Current Citation

Madison, James. "No. 10: An extensive republic a remedy for mischiefs of faction.--Madison." The Federalist: A Commentary on the Constitution of the United States, edited by Robert Scigliano. The Modern Library, 2001.