Milton Friedman: Why Bad Government Programs Never Die | Uncommon Knowledge

Hoover Institution · 2025-08-08

Friedman explains how failed policies endure through incentives, interests, and political economy.

Public choice & government failureClassical liberalInterviewintermediatefreedom and marketsgovernment failurelimited governmentpolicy feedbackprogram persistenceprotected interestsMilton Friedman

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