Quotation by

Milton Friedman

The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the auto

Advertisement

Understanding this quote AI Analysis

Milton Friedman is saying that progress happens because people follow their own goals, not because of government control or commands. He uses Einstein and Henry Ford as examples of individuals who made important discoveries and innovations independently, rather than through official orders.

More by this author

All quotes by Milton Friedman →

More quotes about Great

See all →
A just and reasonable modesty does not only recommend eloquence, but sets off every great talent which a man can be possessed of.
To have a great man for a friend seems pleasant to those who have never tried it those who have, fear it.
Science is the great antidote to the poison of enthusiasm and superstition.

Advertisement

I wear black skinny-fit jeans - I can't get away from them. It's funny because I wore baggy jeans for ages, then one day my friend convinced me to try on a skinny pair and I thought they were great.
Nobody, I think, ought to read poetry, or look at pictures or statues, who cannot find a great deal more in them than the poet or artist has actually expressed. Their highest merit is suggestiveness.
I remember a great America where we made everything. There was a time when the only thing you got from Japan was a really bad cheap transistor radio that some aunt gave you for Christmas.