Milton Friedman - 4 ways to spend money
2:40
YouTubeStudents For Liberty
Milton Friedman - 4 ways to spend money
Milton Friedman’s breakdown of spending explains why government inefficiency is inevitable. When you spend your own money on yourself, you care about both cost and quality. But when politicians spend someone else’s money on someone else, there’s no incentive to be responsible or efficient. That’s why government programs are riddled with ...
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