“A society that puts equality – in the sense of equality of outcome – ahead of freedom will end up with neither equality or freedom. The use of force to achieve equality will destroy freedom. On the other hand, a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality.”
Bring Milton back to ChicagoBoyz!
Image from here.
One wonders why the idiots in Washington continue to follow Keynes and not Friedman.
Not idiots. They seize more power for themselves that way.
Friedman can say that he saved a country’s financial system – wasn’t it Chile? All Keynes can claim is making them worse. But you are right – Friedman’s economics involves more laissez-faire models while Keynes is centralized government control.
Keynes gets a bad rap for the misdeeds of his acolytes.
I think history demonstrates that those who publicly clamor for social equality by force of law are really seeking a situation where they are in control and others are not. For them, equality is merely a path to power and wealth that is easily sold to the rubes who will enable them.
What would Milton do?
(I think he’d vote for Mr. Paul, but I’m no expert on MF or his life.)
Outstanding quotation from Friedman.
Agree w/ Tyouth — vote Ron Paul in 2012.