Government Is An Obstacle, Not A Solution

Government Is An Obstacle, Not A Solution

The proper way to let the economy function is to get government the hell out of the way. Friedman puts it more eloquently than I can but you get the point. Healthcare in this country would look vastly different if government regulations had not superseded competition years ago.
“I do not believe it’s proper to put the situation in the terms that it’s industrialists versus government. On the contrary, one of the reasons why I am in favor of less government is because when you have more government, industrialists take it over, and the two together form a coalition against the ordinary worker and the ordinary consumer. I think business is a wonderful institution, provided it has to face competition in the marketplace and can’t get away with something except by producing a better something at a lower cost, and that’s why I don’t want government to step in and help the business community.

Milton Friedman

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