Milton Friedman Quotes


Related Quotes

He was describing his first government experience as a a civil servant of the Department of Agriculture in the New Deal. The political party affiliation is not so critical today for most civil service posts but there are about 10,000 positions where party affiliation is very critical.


Buchanan, the Bachelor President, was wedded to public service. His self-deprecating remark quickly became his own nickname—O.p. f.


Political ideologues like Abrams distrust and disrespect civil service officials. Abrams and his colleagues are most critical of the civil service’s alleged lack of loyalty to the President. However, he forgets and most people never realize that all Civil Servants when they take their oath of office pledge their loyalty to the Constitution and not to the President. Many of them criticize presidential, political party and ideological loyalists like Abrams because even Abrams and other Presidential appointments swear an oath to the Constitution and not the President or a political party.


Milton Friedman
Milton Friedman
  • Born: July 31, 1912
  • Died: November 16, 2006
  • Nationality: American
  • Profession: Economist

Milton Friedman was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students and young professors who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr.