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— Benjamin Graham"Whether we like it or not, government intervention in the face of surplus is here to stay."
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Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry.
— Max Baucus
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If, for example, existing government intervention is minor, we shall attach a smaller weight to the negative effect of additional government intervention. This is an important reason why many earlier liberals, like Henry Simons, writing at a time when government was small by today's standards, were willing to have government undertake activities that today's liberals would not accept now that government has become so overgrown.
— Milton Friedman
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