Nobel laureate Milton Friedman on why government programs so often fail to achieve their goals:
The trouble is in the system.
When a private enterprise fails, it is closed down.
When a government enterprise fails, it is expanded.
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why government fails
December 19, 2012 by swissecon
Great video. Milton Friedman had such an eloquent and straight to the point way of delivering the message. He always seized directly on the issue and put it in such a way that there could be no confusion that what he was saying is clearly true.
Aristippus,
The Voluntaryist Reader – http://voluntaryistreader.wordpress.com/
[…] Or, to pull from a Milton Friedman quote recently also posted by the Swiss Economist: […]