3min chapter

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Episode 140 – Free To Choose 1990 – Created Equal – Discussion (Podcast)

Free To Choose Media Podcast

CHAPTER

Is It a Good Idea to Redistribute Wealth?

I think the crucial thing is that when you try to create this equality, you don't create the equality. You create something else. I've been doing studies now for 20 years of programmes designed to increase equality. They increase inequality. Even when their programmes are designed for disadvantaged groups, they help the affluent members of disadvantaged groups while the lower members of those groups fall further behind than ever before. Oneim e whole ehead stark programme is a great success. But nevertheless, it is a major government programme that is taking tax money and spending it on poor people. Almost all of these welfare programms that you and i now regard as having bad effects started out fine. The new broom sweeps clean

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