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

Meaning

Power can be dangerous regardless of intentions.

Milton Friedman 2 views

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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

(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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Why This Quote Matters

There is a practical honesty in how Milton Friedman treats Power and its daily cost.

The claim lands because Power can be dangerous regardless of intentions. It also scales: teams and families benefit when language like this is shared.

How to Apply This Quote in Life

If you lead others, model Power in meetings by listening before pitching. Notice where you already practice this without labeling it; then widen that path.

Over time, that practice steadies decisions without needing constant inspiration.

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