The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt
Tuesday, May 06, 2014
Video: Milton Friedman on the Robin Hood Myth
The late Nobel Prize winner Milton Friedman explains via the "Director's law" why the popular perception of the Robin Hood role of governments is a myth.
No comments:
Post a Comment