_free-to-choose-1980-vol-04-from-cradle-to-grave-full-video.jpg "Free To Choose 1980 - Vol. 04 From Cradle to Grave - Full Video from thomas sowell twitter Video Screenshot Preview")
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⏲ Duration: 34 min 59 sec
✓ Published: 26-Mar-2013
✓ Published: 26-Mar-2013
Description:
The welfare state arises from the attempt to do good with other people’s money. Such attempts always fail because: Nobody spends somebody else’s money as carefully as his own. Welfare is supply driven. Those spending the money use force to collect it and to insure those receiving it use it for ''right'' purposes. Good intentions are corrupted by bad means. Friedman visits U.S. and Britain. Discussion Participants: Robert McKenzie, Moderator; Milton Friedman; James R. Dumpson, Chief Administr
The welfare state arises from the attempt to do good with other people’s money. Such attempts always fail because: Nobody spends somebody else’s money as carefully as his own. Welfare is supply driven. Those spending the money use force to collect it and to insure those receiving it use it for ''right'' purposes. Good intentions are corrupted by bad means. Friedman visits U.S. and Britain. Discussion Participants: Robert McKenzie, Moderator; Milton Friedman; James R. Dumpson, Chief Administr
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