A Milton Friedman Montage

by Don Boudreaux on September 5, 2016

in Economics, Taxes, Video, Work

Someone recently compiled into a short video (less than 13-minutes long) some of Milton Friedman‘s finest moments on camera.

Here’s a choice line from Friedman; it starts at around the two-minute, 23-second mark:

What is the effect of a 100-percent inheritance tax? The effect of a hundred-percent inheritance tax is to encourage people to dissipate their wealth in high living.

Indeed so.

And another, starting near the five-minute, 25-second mark:

The minimum-wage rate is the most anti-negro law on the books.

Unquestionably so.


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