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To: Actually_in_Tokyo; Cincinatus' Wife
Milton Friedman's description:
“When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it.

"When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less careful about what he spends it on.

"When a man spends someone else's money to buy something for himself, he is very careful about what he buys, but doesn't care at all how much he spends.

"And when a man spends someone else's money on someone else, he doesn't care how much he spends or what he spends it on. And that's government for you.”


21 posted on 08/28/2012 9:37:49 AM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: D-fendr

Spot on!


22 posted on 08/28/2012 12:33:32 PM PDT by Cincinatus' Wife
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