Episode 5 – Milton Friedman Speaks – What is Wrong with the Welfare State? (Podcast)

The welfare state is an attempt to “do good” with someone else’s money. The aim may be worthy but the means are faulty. The problem is that you do not spend someone else’s money as carefully as your own. More to the point, it’s impossible to “do good” with someone else’s money without first taking it away from someone else. That implies coercion—the use of bad means to corrupt the good ends of the welfare state. Welfare programs implicitly encourage competition for government funds and create unfortunate divisions and antagonisms in our society that erode individual freedom. We must find …

Share
Continue Reading

Dead Wrong® with Johan Norberg – The Welfare State & Trust (VIDEO)

Sweden and other Scandinavian countries lead the world in trust. Proof that generous welfare states result in more trust between people. Dead Wrong®. The welfare state did not create trust. In fact, it may be the other way around. Find out why from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
Learn more about Sweden here.

 

Click here to sign up for email notifications of the next Dead Wrong!
Share Dead Wrong with your friends on Facebook and Twitter and start a discussion today!
To watch more Dead Wrong videos, click here.
Dead Wrong videos now on Roku. Locate our channel here.
Share
Continue Reading