There is likely to be a lag between the need for action and ...

There is likely to be a lag between the need for action and government ["an individual's" or "a team's"] recognition of the need; a further lag between recognition of the need for action and the taking of action; and a still further lag between the action and its effects

Milton Friedman

Essays in Positive Economics (ed. University of Chicago Press, 1953) - ISBN: 9780226264035

Milton Friedman Quotes

There is likely to be a lag between the need for action and government [an individual's or a team's] recognition of the need; a further lag between...

There is likely to be a lag between the need for action and government [an individual's or a team's] recognition of the need; a further lag between...

There is likely to be a lag between the need for action and government [an individual's or a team's] recognition of the need; a further lag between...

There is likely to be a lag between the need for action and government [an individual's or a team's] recognition of the need; a further lag between...