[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fYUUF5_0ofQ9tN-w1UnSrogYrRYEetMfHwR5UAMnBIlI":3,"$fe5Ysc755eed-Cg9J-pfd7eP05H2_Uf6MHuavkH2ZS9U":70},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},1686,"Milton Friedman","M",552,null,"milton-friedman",[12,16,20,24,27,30,33,37,40,44,48,51,55,58,61,64,67],{"tag_id":13,"tag_name":14,"tag_count":15},4954,"government",19,{"tag_id":17,"tag_name":18,"tag_count":19},56,"thinking",15,{"tag_id":21,"tag_name":22,"tag_count":23},1048,"liberty",13,{"tag_id":25,"tag_name":26,"tag_count":23},3625,"country",{"tag_id":19,"tag_name":28,"tag_count":29},"freedom",11,{"tag_id":31,"tag_name":32,"tag_count":29},79,"economics",{"tag_id":34,"tag_name":35,"tag_count":36},326,"men",9,{"tag_id":38,"tag_name":39,"tag_count":36},692,"running",{"tag_id":41,"tag_name":42,"tag_count":43},1711,"mean",8,{"tag_id":45,"tag_name":46,"tag_count":47},540,"moving",6,{"tag_id":49,"tag_name":50,"tag_count":47},2456,"capitalism",{"tag_id":52,"tag_name":53,"tag_count":54},270,"philosophy",5,{"tag_id":56,"tag_name":57,"tag_count":54},614,"political",{"tag_id":59,"tag_name":60,"tag_count":54},1790,"responsibility",{"tag_id":62,"tag_name":63,"tag_count":54},2458,"free-market",{"tag_id":65,"tag_name":66,"tag_count":54},2955,"believe",{"tag_id":68,"tag_name":69,"tag_count":54},4883,"jobs",{"quotes":71,"pagination":136},[72,81,88,94,100,106,112,118,124,130],{"id":73,"quote_text":74,"author_id":5,"source_id":75,"has_image":76,"author":77,"source":78,"quote_tag":79,"commentary":80},3842668,"Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property.",7,false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],"**The Backstory**\nMilton Friedman, the renowned economist and Nobel laureate, likely articulated this quote in his seminal book \"Capitalism and Freedom\" (1962). This era was marked by the Cold War's intensifying ideological battles, with the United States and the Soviet Union locked in a struggle for economic and philosophical supremacy. Friedman's work sought to redefine the role of government in a free society.\n\n**The Hidden Insight**\nFriedman's statement might seem straightforward, but it reveals a subtle yet profound distinction between the government's legitimate functions and its potential overreach. By enumerating only three essential duties, Friedman subtly implies that any additional responsibilities assumed by government are, in fact, illegitimate and susceptible to abuse.\n\n**How to Use This**\nIn today's complex, increasingly bureaucratic work environments, professionals can apply this mindset by focusing on their core competencies and ruthlessly eliminating non-essential tasks. By doing so, they can prevent mission creep, streamline operations, and concentrate on delivering value to their organizations and stakeholders.",{"id":82,"quote_text":83,"author_id":5,"source_id":75,"has_image":76,"author":84,"source":85,"quote_tag":86,"commentary":87},3842647,"When government - in pursuit of good intentions - tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],"**The Backstory**\nMilton Friedman, a renowned economist and Nobel laureate, wrote this quote in his 1962 book \"Capitalism and Freedom.\" During this time, Friedman was actively advocating for limited government intervention in the economy, drawing from his experiences as an advisor to President Ronald Reagan and his involvement in the Mont Pelerin Society. His work was influenced by the economic turmoil of the 1930s and the rise of socialism, leading him to emphasize the importance of individual freedom and free markets.\n\n**The Hidden Insight**\nThe quote reveals a profound paradox: Friedman is acknowledging that government intentions are often good, but the means by which they try to achieve these goals inevitably lead to inefficiency, lack of motivation, and loss of freedom. This tension highlights the inherent conflict between the desire for collective welfare and the need for individual autonomy, underscoring the challenge of balancing these competing values.\n\n**How to Use This**\nTo apply this mindset today, recognize that even well-intentioned government initiatives can have unintended consequences, such as stifling innovation or reducing individual agency. As a professional or creative, be cautious of solutions that rely heavily on government support or regulation, and instead focus on developing strategies that empower individual choice and promote market-driven solutions.",{"id":89,"quote_text":90,"author_id":5,"source_id":75,"has_image":76,"author":91,"source":92,"quote_tag":93,"commentary":9},3842636,"I think that the Internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash - a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":95,"quote_text":96,"author_id":5,"source_id":47,"has_image":76,"author":97,"source":98,"quote_tag":99,"commentary":9},3294724,"Unfortunately, the hardest thing for people to understand is that maybe if you leave things alone, it’ll be better than stepping in and trying to do something.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":101,"quote_text":102,"author_id":5,"source_id":47,"has_image":76,"author":103,"source":104,"quote_tag":105,"commentary":9},3294723,"Government actions often provide substantial benefits to a few while imposing small costs on many.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":107,"quote_text":108,"author_id":5,"source_id":47,"has_image":76,"author":109,"source":110,"quote_tag":111,"commentary":9},3294722,"On another level compulsion would change matters drastically: the kind of society that would emerge if such acts of redistribution were voluntary is altogether different – and, by our standards, infinitely preferable – to the kind that would emerge if redistribution were compulsory.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":113,"quote_text":114,"author_id":5,"source_id":47,"has_image":76,"author":115,"source":116,"quote_tag":117,"commentary":9},3294721,"It is extremely convenient to have a label for the political and economic viewpoint elaborated in this book. The rightful and proper label is liberalism. Unfortunately, “As a supreme, if unintended compliment, the enemies of the system of private enterprise have thought it wise to appropriate its label”,′ so that liberalism has, in the United States, come to have a very different meaning than it did in the nineteenth century or does today over much of the Continent of Europe.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":119,"quote_text":120,"author_id":5,"source_id":47,"has_image":76,"author":121,"source":122,"quote_tag":123,"commentary":9},3294720,"Only people have incomes and they derive them through the market from the resources they own, whether these be in the form of corporate stock, or of bonds, or of land, or of their personal capacity.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":125,"quote_text":126,"author_id":5,"source_id":47,"has_image":76,"author":127,"source":128,"quote_tag":129,"commentary":9},3294719,"Here, too, we tend to be schizophrenic. We would all like to see government spending go down, provided it is not spending that benefits us. We would all like to see deficits reduced, provided it is through taxes imposed on others.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":131,"quote_text":132,"author_id":5,"source_id":47,"has_image":76,"author":133,"source":134,"quote_tag":135,"commentary":9},3294718,"What you have as a result of past policies is that German entrepreneurs go outside of Germany for many of their activities. They are investing abroad instead of at home because there isn’t the openness, fluidity and opportunity they find outside their borders.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"currentPage":137,"totalPages":17,"totalItems":8,"itemsPerPage":138},1,10]