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Daily Inspiration Quote by Milton Friedman

"Concentrated power is not rendered harmless by the good intentions of those who create it"

About this Quote

Power, Friedman warns, doesn’t become safe just because it’s wrapped in a moral mission statement. The line is a preemptive strike against the perennial defense of big institutions: trust us, we mean well. His intent is less to demonize individuals than to indict systems that invite abuse. Concentrate authority in one place - government bureau, central bank, regulator-industry nexus, even a philanthropic monopoly - and you’ve built machinery that can outlast the scruples of its builders.

The subtext is classic Friedman: people are fallible, incentives are stubborn, and politics is not a morality play. Good intentions are cheap; institutional power is durable. By shifting the focus from motives to mechanisms, he tries to drain the romance from centralized solutions. The quote works because it weaponizes a commonsense observation against high-minded rhetoric: if outcomes depend on virtue, you’ve already designed something fragile. It’s a critique of the progressive faith that the right people, armed with the right expertise, can steer society without creating new forms of coercion or capture.

Context matters. Friedman made his name arguing for markets as a check on political discretion, amid mid-century expansion of the administrative state and Cold War-era confidence in planning. He’s also writing in the shadow of regimes that began as moral projects and hardened into bureaucracies with teeth. The line doesn’t claim decentralization automatically produces justice; it insists on skepticism as civic hygiene. In Friedman’s frame, the question isn’t whether policymakers are sincere. It’s whether the structure they’re building can be safely trusted when sincerity runs out.

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TopicFreedom
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Concentrated power is not rendered harmless by the good intentions of those who create it
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Milton Friedman (July 31, 1912 - November 16, 2006) was a Economist from USA.

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