Ocupation: Economist
Life: July 31, 1912 - November 16, 2006
Birthday: July 31
Death: November 16
If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention. This is an important reason why many earlier liberals, like Henry Simons, writing at a time when government was small by today's standards, were willing to have government undertake activities that today's liberals would not accept now that government has become so overgrown.
source: Milton Friedman (2017). “Milton Friedman on Freedom: Selections from The Collected Works of Milton Friedman”, p.45, Hoover Press
topic: Writing, Government, Important, Government Intervention