Posted on 12/30/2014 10:11:53 AM PST by Jan_Sobieski
Milton Friedman 1978. From a lecture given at Stanford University, he instructs students and faculty on how free markets are the number one tool in the universe to reduce poverty. In the video he disparages government programs that discourage productivity, undermine minority advancement, and actually create poverty...
(Excerpt) Read more at youtube.com ...
agreed!
Unfortunately, they would probably think that it is the next big new rap song...;-(
I see scriptural mandates for individuals, churches and governments to take care of the poor.
There are exceptions to the Principle of Comparative Advantage. Trading with countries with excess labor when you have high unemployment is one. It only makes sense to free up resources when the labor markets are tight.
The Mexicans are dying to get in, because they can work at below minimum wage, and take jobs away from law abiding Americans. So yeah there are jobs for them, but it’s not right, and it’s eroding the rule of law.
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