Milton Friedman on government’s four major functions:
1) Ensure national defense
2) Protect citizens from “abuse and coercion by other citizens”
3) Define and uphold private property rights
4) Maintain a judicial system to adjudicate disputes and enforce rules
Milton Friedman on government’s four major functions:
1) Ensure national defense
2) Protect citizens from “abuse and coercion by other citizens”
3) Define and uphold private property rights
4) Maintain a judicial system to adjudicate disputes and enforce rules
“A society that puts equality before liberty will get neither. A society that puts liberty before equality will get a high degree of both.”
— Milton Friedman