In his book Free to Choose, Milton Friedman described four ways to spend money.
1. You spend your own money on yourself.
2. You spend your own money on someone else.
3. You spend someone else’s money on yourself.
4. You spend someone else’s money on someone else.
The graphic shown in the video that displays the four ways to spend money can be viewed at http://freedomchannel.blogspot.com/2008/09/4-ways-to-spend-money-by-milton.html
Duration : 0:2:40
October 10th, 2009 at 4:54 am
Why do humans form …
Why do humans form states?
Isn’t it to be able to help each other solving problems we can’t solve individually?
Most people can’t solve education and health care by themself. Not to the levels needed in our modern times. So that is why we should help others out. There are science studies in different areas that shows that this is better for all, like a minimum health care, education, salary etc. Both for those who pay more taxes than they (for the moment) uses and for those who recieves more.
October 10th, 2009 at 4:54 am
I was in a hurry, …
I was in a hurry, so I didn’t check my spellings before posting, sorry about that. English is not my first language, and I am a university teacher, and no English is not my subjects.
I cant see what Marx theories have to do with this. It isn’t like I argue for communism, despite what some here seems to think.
October 10th, 2009 at 4:54 am
andjack, is English …
andjack, is English your first language? Because if it is, you are hardly in a position to claim anyone has a poor education. Your grammer and spelling are very bad.
Chucking out an insult about another person’s education is not an answer to a question. Here, let me fill you in on a little something that maybe you missed in school:
The 20th Centruy.
Read about it. A long series of very bad events turning around one profoundly bad idea. Marx’ Utopianism caused the muder of 10s of millions.
October 10th, 2009 at 4:54 am
Public school …
Public school teachers are only accountable to their superiors in the government; they are not accountable to the parents of the children they teach. Were it not so, bad teachers would be fired with great regularity. They are not. Private school teachers are accountable to the parents directly, who can remove their children to another school or demand the teacher be replaced. They are paying the bills directly; Their money and their product.
October 10th, 2009 at 4:54 am
andjack, are you …
andjack, are you implying that forcing an man to pay both for his own child’s education and someone else’s child as well without regard to the quality of that education or the capacity of that single man to earn his own living is somehow displaying empathy? I think perhaps you do not understand this word. Theft and coercion are not empathy. Empathy and greed do not have the same meaning.
All taxes are theft. Your inhuman argument to the contrary is cruel and displays an ignorance of history.
October 10th, 2009 at 4:54 am
Private and public …
Private and public school teachers is all accountable for what they do with the children to the parents and the children. I do not know why you think something else.
Private teachers is also accountable to their employers, as public teachers are to their employers.
You have to come forward with another argument. There are simply not any differnce.
There is other issues, like mono social cultures in public and private schools that makes a difference, and difference in resources to the schools.
October 10th, 2009 at 4:54 am
Ok, If you are …
Ok, If you are agnostic, then I can understand your loss of empathy without hypocritical standing in this issue.
So, you think that military, police, justice should all be private?
No, the state, government, is not a theif. It is a way of setting up a human world where we take care of each other, when fellow humans have problems they can’t handle themself.
But I see that your world view is totally unhuman, so I see no use in continue arguing with you, Britthimself.
October 10th, 2009 at 4:54 am
Namecalling only …
Namecalling only shows that you have a por education and have not the brain to formulate some argument to try to express your thoughts in the subject.
Hope this is an answer to your question(?), RoosKarl
October 10th, 2009 at 4:54 am
communist!
communist!
October 10th, 2009 at 4:54 am
The fruits of my …
The fruits of my labor belong to me, not to anyone else. I can freely choose to spend my money on education for my children. That is morally right. It is morally wrong to steal, and taxation is theft, no matter what “good” is done by the thieves. Government relies on taxation, which means it is evil. A necessary evil, yes, but still evil. Which means that the function of government should be restricted to things that cannot be in private hands.
Do you understand?
PS I am an agnostic.
October 10th, 2009 at 4:54 am
Private school …
Private school teachers aren’t spending someone else’s money. They’re being paid by parent’s. Parent’s are spending their own money on the best education they can buy, and the private school teacher’s are accountable to them. The public school teachers are not accountable to the parents or the children they are teaching; they are accountable to the government agency that is employing them with taxes collected from the same parents by coercion.
October 10th, 2009 at 4:54 am
Stop calling names …
Stop calling names and answer the question instead.
You are not christian, are you? How come that you don’t want to help the more unfortunate? Most efficient isn’t priv donations. They are usually to small.
No I don’t get it. Competition is good, yes. But that doesn’t say that publicly founded things are a bad. And that doesn’t need to be the only way of founding some things.
To every problem there is a beutifull, simple and wrong answer. This video i about one such simple sollution.
October 10th, 2009 at 4:54 am
Moron. A private …
Moron. A private citizen freely giving money to a private school is a good thing.
The government taking money with force and then giving it to public schools is a bad thing.
Got it? Coercion is bad, freedom is good.
October 10th, 2009 at 4:54 am
So, still private …
So, still private school teachers still spending someone elses money, unless they are the owner.
And private isn’t all good, as lots of people think. If so, explain why those big bonuses is so good that the banks was giving out? There is research that shows that bonuses is ONLY good on SIMPLE things that you don’t need to solve problem, like putting stearing wheels on cars. If you need to solve problems, bonuses make you performe worse!
October 10th, 2009 at 4:54 am
What’s the …
What’s the difference? It’s still YOUR money!
October 10th, 2009 at 4:54 am
Are you replying to …
Are you replying to a comment that was removed?
October 10th, 2009 at 4:54 am
You think the …
You think the income tax pays for schooling? Next time, go and look at your property tax bill and see how the schools are funded.
October 10th, 2009 at 4:54 am
simple and truth – …
simple and truth – great man
October 10th, 2009 at 4:54 am
Simple yet powerful …
Simple yet powerful heuristic on incentives. Friedman was a superb educator.