Milton Friedman Quotes
The problem in this world is to avoid concentration of power -- we must have a dispersion of power.
Although a conservative, he had many iconoclastic ideas. Almost all liberals and Democrats would agree with this quotation, but most conservatives and right wing Republicans support large concentrations of power in corporations and rich individuals.
Milton Friedman, 1912-2006, Nobel Laureate in Economics, Big Business, Big Government
Sourced by: Eigen's Political and Historical Quotations
For an earlier expression of this notion see James Madison.
“Father of American Anthropology”
Ironically, many Republican leaders give lip service to decentralized government but they fight hard for centralized national government making. Many want Congress to make laws governing abortion and other family planning techniques. Some want the state to decide, but almost no Republicans want to leave these personal decisions to the local government much less the family and women involved. In business regulation as well, republican fight tooth and nail to have Federal legislation prempt state and local government about tort liability for defective products, and they always prefer that the Federal SEC make all the rules and regulations about selling stocks and bonds and do not want state or local government to “interfere”. Likewise, they have emasculated the state governments when it comes to authority over the state militias where virtually all the controls and promotions are decided by Congress and the Department of Defense and not by Governors or local politicians. Ther are many other examples. In most of the solid Republican Southern States, the local school boards cannot even select the textbooks that schools will use and the Republicans centralize this with the State government and state legislatures which they control. Democrats also are generally opposed to decentralization except for large cities having control along with the Federal government but otherwise they too do not want decentralization. For national political parties, what is the point of winning national elections of the big decisions are made locally?
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.