Thursday, July 15, 2010

4 ways to spend money

Milton Friedman had a true gift for explaining basic economic ideas so that anyone could understand them. Here is Friedman discussing the four ways to spend money (and drawing a comparison to public education spending).



The Bluegrass Institute is hosting a "What would Friedman do?" lecture at the University of Louisville. You won't want to miss this! You can learn more details here.

2 comments:

Anonymous said...

The practice of recklessly spending other people's money on someone else is not just limited to schools and teachers. It is rampant throughout government. bluedog

FreedomKentucky said...

Anon 10:04 AM -

Absolutely agree with you. It is rampant - completely out of control. It is a disease on our society.