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Tag Archive

Below you'll find a list of all posts that have been tagged as “economist”

A Tribute to Dr. Milton Friedman

The Nassau Institute dedicates this issue of The Review to Dr. Milton Friedman in honour of his 90th birthday and …

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Charter Schoolschicago schooleconomist

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Thought to Ponder

So, I would argue that the services have been I think disappointing is putting it mildly. They've been disastrous. They've been appallingly bad. Much worse than would have existed, even if no welfare state had been created. In fact I would argue especially if no welfare state had been created, because the systems that existed before were very substantial and growing and improving dramatically. But they weren't perfect, and that is in a way is the great trouble with the development of welfare states. You have a system that's not perfect but actually doing quite a lot of good stuff and then someone comes along and says, "ah, we can make this perfection. And so we can make this much better. We will have free for everybody, high class whatever it is." And the result is you have lower standards and it doesn't work out at all. And that's, the desire for perfection can be very dangerous.James Bartholomew
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