May 8, 2011

Milton Friedman

Only a crisis – actual or perceived – produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.

1 Comment

  • Is this perhaps a response to my “RIP electoral Reform” rant?

    Good quote by the way. Does it still hold true in our era of accelerated change?

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