The Declaration of Independence says, ”all men are created equal.” Milton Friedman explains that this does not mean all persons should or will have equal talents or income. Equal opportunity to better oneself and the right to personally benefit from the gains realized are consistent with freedom. Taking from some to give to others destroys freedom and removes the incentive for creating new wealth.

Today’s podcast is “Created Equal,” volume five of the ten-part public television series Free To Choose.

Listen now.