Vol. 4 - From Cradle to Grave (Free To Choose - 1980)
The welfare state arises from the attempt to do good with other peoples money. Such attempts always fail because: Nobody spends somebody elses money as carefully as his own. Welfare is supply driven. Those spending the money use force to collect it and to insure those receiving it use it for "right" purposes. Good intentions are corrupted by bad means. Friedman visits U.S. and Britain.