Milton Friedman on Limited Government- 1975

Fri, 12/12/2008 - 4:50pm | posted by Andrew Clouse

On this old PBS interview, Milton Friedman shares how terms like “conservative” and “liberal” have been redefined and that well-intentioned government programs often do more harm than good to their intended recipients.

  • 1046 reads
  • Tagged: conservative economist limited government Milton Friedman PBS

I think we can toss these bailouts into categorization with well-intentioned government programs that do more harm than good (though Paulson and Bush may not have had good intentions). Corporate welfare is as big of a money hole as unsuccessful entitlement programs.

“Timid men prefer the calm of despotism to the tempestuous sea of liberty.” - Thomas Jefferson

mpowell's picture
Michael O. Powell on Fri, 12/12/2008 - 7:36pm.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <h2> <h3> <h4> <h5> <u> <p> <br> <a> <em> <strong> <cite> <code> <pre> <ul> <ol> <li> <dl> <dt> <dd> <span> <img> <object> <embed> <param> <blockquote> <div> <table> <tr> <td> <tbody> <thead>
  • Web page addresses and e-mail addresses turn into links automatically.
  • SmartyPants will translate ASCII punctuation characters into “smart” typographic punctuation HTML entities.

More information about formatting options

 

Twitter

The views and opinions expressed by individual authors are not necessarily those of other authors, advertisers, developers or editors at United Liberty.