Friedman / Freedom

“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.

7 thoughts on “Friedman / Freedom”

  1. 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.

  2. 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.

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