The state is to be shunned as an inefficient instrument for achieving any given objective

Melvin Reder (Chicago Economics: Permanence and Change, March 1982) reports that the Chicago economists had a "generally adverse view of government intervention.

Pictured to the right are Milton Friedman (1912-2006), George Stigler (1911-1991), and Aaron Director (1901-2004) in 1947, at the first meeting of the Mont Pelerin Society.