
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
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"Milton Friedman Quotes." Quoteslyfe.com, 2025. Sat. 01 Mar. 2025. <https://www.quoteslyfe.com/quote/The-Great-Depression-like-most-other-periods-310950>.
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Other quotes of Milton Friedman
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The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
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The purpose of education is to create a purpose for life. Go for it with the utmost sincerity.