Milton Friedman on Government

Milton Friedman on Government Expansion Renowned scholar and Nobel-laureate Milton Friedman is one of the most highly regarded economists of our time. In his book Capitalism and Freedom, Friedman attacks the expansion of government spending on a variety of fronts. Basically, Friedman states that government is a necessary evil in a society of imperfect humans, but is one whose scope should be limited to only absolutely essential tasks. He very specifically defined these tasks; as …

…is always the best decision-making model for society is one that is controversial but also holds some validity. Government intervention in social issues is one of the most highly debated topics in economics and politics today, as it has been forever. Friedman delivers many examples of how government intervention has not had the intended effects and has actually harmed society, and how the trend towards further government expansion is one that should be stopped immediately.