Milton Friedman & Equality:

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Milton Friedman wrote, in “Free To Choose“:

A society that puts equality — in the sense of equality of outcome — ahead of freedom will end up with neither equality nor freedom. The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of the people who use it to promote their own interests.”

BZ

P.S.
Personal issues may result in a day or so dearth of posts. More coming.

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7 thoughts on “Milton Friedman & Equality:”

  4. Never having heard of Friedman, I spent some time reading about him. Fascinating. Some of his ideas read like science-fiction, almost as if they came from Asimov or Herbert. I wonder what would happen if we put all of his ideas – ALL of them, not just a few, but really what it takes to make them work they way it appears they would – into practice? Although, at the glacial pace government change moves, we’d probably end up putting things into play one at a time, which would pretty much predetermine failure.

    Interesting how lots of non-Chicago School economists seem to blame the 2007 economic meltdown on that school of thought. Seems like it’s never been tried enough to really determine if it would work?

    I also finally linked over to see exactly what a “flat tax” is supposed to be, and that too seems fascinating: everyone pays 25% of their wages, and the gov’t pays everyone $10k. A person making $40,000 a year would break even, thus paying “no” taxes. Someone making $4,000 would end up with a $9,000 gov’t payment, and someone making a cool mil would pay $250,000. I like it…provided there are precisely zero loopholes.

    Thanks for the info, Zep!

  6. Hi what do you think then of the Equality act just passed. Do you think that counts as being forced into equality. I have had the educate or legislate many times.

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