Free To Choose - Milton Friedman on The Welfare System (1978) | Thomas Sowell

Milton Freidman, in the fourth segment of the series, shows why he believes government-run welfare programs do not help the people they are intended to help or achieve the ends they are intended to achieve, and why the “welfare state“ leads to loss of initiative, independence, and personal liberty. Friedman compares slum areas and luxury apartments of New York City, visits two families on welfare, one in Harlem and one in Britain, and argues in favor of the negative income tax. Featuring Thomas Sowell. Shared for historical purposes. I do not own the rights. _____ Milton Friedman (/ˈfriːdmən/; July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy.[4] With George Stigler and others, Friedman was among the intellectual leaders of the second generation of Chicago school of economics, a meth