Milton Friedman on Concentrated power and tyranny
In words that are more in Parkinson’s style: in a bureaucratic system, useless work drives out useful work.
Gammon’s “Black Holes”
Column, 1977, Newsweek (1977); reprinted in the Congressional Record, Extensions of Remarks, November 30, 1977, p. 38195, introduced by Representative John Ashbrook of Ohio as “Mr. Friedman’s article on Gammon’s theory of bureaucratic displacement as it appeared in Newsweek.” The reprint gives no issue date, Congressional Record, November 30, 1977, p. 38195
Where this comes from
Checked against the sourceThe wording was checked against the work itself.
Topics
He also said
Dr. Max Gammon, a British physician, recently completed a five-year study of the British health system. In reporting his findings, Gammon was led to formulate a brilliant extension of one of C. Northcote Parkinson’s famous laws.
Gammon’s “Black Holes”Column, 1977, Newsweek (1977); reprinted in the Congressional Record, Extensions of Remarks, November 30, 1977, p. 38195, introduced by Representative John Ashbrook of Ohio as “Mr. Friedman’s article on Gammon’s theory of bureaucratic displacement as it appeared in Newsweek.” The reprint gives no issue date, Congressional Record, November 30, 1977, p. 38195Checked against the sourceRead the originalTo the despair of every economist, it seems almost impossible for most people other than trained economists to comprehend how a price system works.
Blaming the ObstetricianColumn, 1979, Newsweek (June 4, 1979); reprinted in the Congressional Record, Extensions of Remarks, June 7, 1979, pp. 14007 to 14008, introduced by Representative G. William Whitehurst of Virginia, who describes it as “an article by Milton Friedman, which appeared in the June 4, 1979, issue of Newsweek”, Congressional Record, June 7, 1979, pp. 14007 to 14008Checked against the sourceRead the originalThe price system works so well, so efficiently, that we are not aware of it most of the time. We never realize how well it functions until it is prevented from functioning, and even then we seldom recognize the source of the trouble.
Free to ChooseBook, 1980, Ch. 1 "The Power of the Market", p. 14Not yet checked
Think this quote is wrong, misattributed, or missing context?Report it and it gets fixed, not argued with.