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The government solution

The government solution | "The government solution to a problem is usually as bad as the problem." - Milton Friedman | image tagged in milton friedman,politics,government,economics | made w/ Imgflip meme maker

216 views, 7 upvotes

When consumers vote with their dollars: free market or nah?

When consumers vote with their dollars: free market or nah? | Are corporations now taking a stand against racism to satisfy their customers? SOUNDS LIKE THE FREE MARKET IN ACTION | image tagged in milton friedman,free market,capitalism,because capitalism,racism,consumerism | made w/ Imgflip meme maker

2,836 views, 3 upvotes, 16 comments

What would Milton Friedman do about climate change?

What would Milton Friedman do about climate change? | MILTON FRIEDMAN ON THE PHIL DONAHUE SHOW (1979):; PHIL DONAHUE: "IS THERE A CASE FOR THE GOVERNMENT TO DO SOMETHING ABOUT POLLUTION?"; MILTON FRIEDMAN: "YES, THERE'S A CASE FOR THE GOVERNMENT TO DO SOMETHING. THERE'S ALWAYS A CASE FOR THE GOVERNMENT TO DO SOMETHING ABOUT IT. BECAUSE THERE'S ALWAYS A CASE FOR THE GOVERNMENT TO SOME EXTENT WHEN WHAT TWO PEOPLE DO AFFECTS A THIRD PARTY. "THERE'S NO CASE FOR THE GOVERNMENT WHATSOEVER TO MANDATE AIR BAGS, BECAUSE AIR BAGS PROTECT THE PEOPLE INSIDE THE CAR. THAT'S MY BUSINESS. IF I WANT TO PROTECT MYSELF, I SHOULD DO IT AT MY EXPENSE. "BUT THERE IS A CASE FOR THE GOVERNMENT PROTECTING THIRD PARTIES, PROTECTING PEOPLE WHO HAVE NOT VOLUNTARILY AGREED TO ENTER. SO THERE'S MORE OF A CASE, FOR EXAMPLE, FOR EMISSIONS CONTROLS THAN FOR AIRBAGS. "BUT THE QUESTION IS WHAT'S THE BEST WAY TO DO IT? AND THE BEST WAY TO DO IT IS NOT TO HAVE BUREAUCRATS IN WASHINGTON WRITE RULES AND REGULATIONS SAYING A CAR HAS TO CARRY THIS THAT OR THE OTHER. "THE WAY TO DO IT IS TO IMPOSE A TAX ON THE COST OF THE POLLUTANTS EMITTED BY A CAR AND MAKE AN INCENTIVE FOR CAR MANUFACTURERS AND FOR CONSUMERS TO KEEP DOWN THE AMOUNT OF POLLUTION." | image tagged in milton friedman,hesitant milton friedman,global warming,climate change,tax,pollution | made w/ Imgflip meme maker

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444 views, 4 upvotes, 15 comments