Tuesday, August 01, 2023

Milton Friedman: what does “created equal” mean?

monday, july 31, 2023 at 06:07:26 p.m. edt
Milton Friedman: what does "created equal" mean?

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Hoover Institution

Hi Friend,

One of the reasons young people are so attracted to the idea of socialism is the promised equality of outcomes.

They want life to be fair for everyone, and for all to have wellness, happiness, and financial security. But if the end goal of socialism is "equality", that begs the question: what is equality? Are equality and liberty consistent one with the other or are they in conflict?

Hoover Created Equal eBook 2022

In this 25-page commentary, "Created Equal", legendary economist and Hoover fellow Milton Friedman answers these and other questions in great depth. You'll learn what Thomas Jefferson meant when he wrote the words "created equal" in the Declaration of Independence and how the meaning has changed through American history. You'll see how Friedman brilliantly illustrates differences between equality of opportunity and equality of outcome. 

    With many today striving to increase government power in the name of a concept of "equality", Friedman's words still ring true for those who believe that a society that puts freedom first will end up with both greater freedom and greater equality. 

    Please follow this link to get your free copy of "Created Equal" now.


    Thanks,

    Greg

     

    Greg Stamps | Online Development

    Hoover Institution | Stanford University

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    6 comments:

    1. I wasn't sure,I didn't think he was still around.He'd have to be older than Henry Kissinger(but not by much),so I took a look(deceased 2006).

      Economists come and go,but like meteorologists,neither have any impact on the economy or the weather.

      --GRA

      ReplyDelete
    2. Friedman identifies three categories of equal none of which was on the mind of Jefferson. Jefferson identified created equal in the eyes of the law. As concerning the practice in England at the time of nobility having unequal and preferential rights over the other mass of the citizenry.

      ReplyDelete
    3. "Jack Smith for President."

      He probably wouldn't be a whole worse than what we already have.

      ReplyDelete
    4. Someone is an optimist.Me,I'd just go get fitted for my prison uniform because of having voted for Trump twice.

      "20 years,Jerry--when you're hot--you're hot."
      --Jerry Reed
      --GRA

      ReplyDelete