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Episode Details: From Cradle to Grave
From Cradle to Grave
Series: Free to Choose
Season: Season 1
Episode Number: 4
Air Date:
Duration: N/A min
The welfare state arises from the attempt to do good with other people's money. Such attempts always fail because: Nobody spends somebody else's money as carefully as his own. Welfare is supply driven. Those spending the money use force to collect it and to insure those receiving it use it for "right" purposes. Good intentions are corrupted by bad means. Friedman visits U.S. and Britain.
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