Monday, January 10, 2011

Milton Friedman: Free to Choose: Part 5-- Created Equal

The Declaration of Independence says, "all men are created equal." Friedman explains that this did not mean all persons should or will have equal talents or income. Equal opportunity to better one's self, and the right to personally benefit from the gains realized, are consistent with freedom. Equality of results requires force. Taking from some to give to others destroys freedom and removes the incentive for creating new wealth. Friedman visits India, U.S. and Britain.



"The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both." ~ Milton Friedman

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