Milton Friedman on Welfare

by Dual Income No Kids on February 21, 2009 · 0 comments

Hi All,

Okay. We’re both busy taking care of business today. Miel is the midst of rebuilding her companies aid efforts in Congo and I’m taking care of school business, so there isn’t time for our usual in depth postings.

To tide you over, here is a quick 9 minute video by Milton Friedman. The video is a bit dated, but Friedman’s arguments regarding the role of welfare elaborate the classic conservative stance for opposing entitlement payments. The video won’t make you richer, but it will help to understand the motivations of some Republicans for opposing the bailout. – I think there is some value in understanding policy.

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