Steven Hale
1 min readApr 15, 2019

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Friedman’s views are often oversimplified by his followers. He is opposed to government controlling industry (through minimum wage laws, for example), but he is not opposed to welfare:

“Finally, the government would have the function of relieving misery and distress. Our humanitarian sentiments demand that some provision should be made for those who “draw blanks in the lottery of life”. Our world has become too complicated and intertwined, and we have become too sensitive, to leave this function entirely to private charity or local responsibility. It is essential, however, that the performance of this function involve the minimum of interference with the market. There is justification for subsidizing people because they are poor, whether they are farmers or city-dwellers, young or old. There is no justification for subsidizing farmers as farmers rather than because they are poor. There is justification in trying to achieve a minimum income for all; there is no justification for setting a minimum wage and thereby increasing the number of people without income; there is no justification for trying to achieve a minimum consumption of bread separately, meat separately, and so on.”

“Neo-Liberalism and its Prospects”, https://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/Farmand_02_17_1951.pdf

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Steven Hale
Steven Hale

Written by Steven Hale

Music: Discovering the lost and forgotten. Politics: Exposing injustice. Screenwriting: Emotional storytelling.

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