Episode 8 – Milton Friedman Speaks – Free Trade: Producer vs. Consumer (Podcast)
Free To Choose Media Podcast
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The Backward Art of Spending Money
Each of us tends to be involved only in one kind of productive activity. We spend our working life forty hours a week or 60 hours a week, whatever it may be. On the other hand, we each us buy a thousand and one things. But unfortunately, this backward art of spending money leads to erroneous views in many directions. For example, public discourse tends to be carried out in terms of jobs,. Now that's not our objective at all. There are workoholics as there are alcoholics, and some of us do live ward.
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