In 1978, Milton Friedman, speaking at Stanford University, explained that the government bears no responsibility for alleviating poverty—rather, it is up to individuals to take action. He argued that the most effective way for people to exercise this responsibility is through the free enterprise system and the free market, which, in his view, have historically been the most powerful tools for reducing poverty. credit: Free To Choose Network | Ladies of Liberty Alliance
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In 1978, Milton Friedman, speaking at Stanford University, explained t…
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In 1978, at Stanford University, Milton Friedman delivered a lecture in which he addressed topics such as poverty and government intervention. He argued that the free market is the most effective tool for eliminating poverty, but government failures are often the root cause of economic struggles. Do his words still hold true today? Comment below 👇 | Libertarianism.org
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