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Milton Friedman Speaks: Lecture 05, "What Is Wrong with the Welfare State?" and Q & A - DVD $25.00
Milton Friedman Speaks: Lecture 05, \"What Is Wrong with the Welfare State?\" and Q & A - DVD
 The welfare state is an attempt to “do good” with someone else’s money. The aim may be worthy but the means are faulty. The problem is that you do not spend someone else’s money as carefully as your own. More to the point, it’s impossible to ‘do good” with someone else’s money without first taking it away from someone else. That implies coercion—the use of bad means to corrupt the good ends of the welfare state. Welfare programs implicitly encourage competition for government funds and create unfortunate divisions and antagonisms in our society that erode individual freedom. We must find other means—voluntary cooperation and private giving, for example — to achieve our objective. Original recorded in 1978. Due to deterioration of original tape some video is lost or poor quality. ©1978 Lecture 60 min/Q&A 27 min.
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Milton Friedman Speaks: Lecture 05, "What Is Wrong with the Welfare State?" and Q & A - 2 Audio CDs
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