Concentrated power is not rendered harmless by the good intentions of those who create it.
Meaning
Power can be dangerous regardless of intentions.
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About the author
(1912–2006) was an American economist and Nobel Prize winner known for his advocacy of free-market capitalism. His work on monetary policy and consumption theory had a profound impact on economic thought and public policy. Friedman argued for limited government intervention and emphasized the role of individual freedom in economic systems. His ideas influenced global economic reforms and debates. Milton Friedman’s legacy continues to shape modern economics and policy discussions.
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