Quote by Milton Friedman
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Summary
This quote is often attributed to Milton Friedman, a renowned economist and Nobel laureate. It is a humorous way of highlighting the inefficiency and bureaucratic nature of government systems. By using the exaggerated scenario of putting the federal government in charge of the Sahara Desert, the quote suggests that government bureaucracy often leads to shortages or mismanagement of resources. It reflects a skepticism towards government intervention and emphasizes the belief in the effectiveness of free market principles instead.
Topics
Government
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