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Quote #93,778

"The power to do good is also the power to do harm." — Milton Friedman

The power to do good is also the power to do harm.
Milton Friedman
Milton Friedman Economist • American
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Concentrated power is not rendered harmless by the good intentions of those who create it.
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Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.
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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.
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The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
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