Milton Friedman: Spending National Income

Posted by admin on Friday, June 24, 2016

Milton Friedman Money Quote saying government spending is not accountable because few care how much is spent once allocated. Milton Friedman said:

If I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income
— Milton Friedman

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