Free To Choose – IOTW Report

Free To Choose

Vol. 04 From Cradle to Grave.

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 Administrator, Human Resources Admin., NYC; Thomas Sowell, Professor of Economics, UCLA; Robert Lampman, Professor of Economics, Institute of Poverty; Helen Bohen O’Bannon, Secretary of Welfare, State of Pennsylvania.

4 Comments on Free To Choose

  1. It should be noted that those participating in such “discussions” are largely those who install poverty from the jump, not to mention grasping politicians who feed from the misery of others.

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