Markets Serve Women Better Than Bureaucracies
Who do you think is more likely to spend money in the wisest, most economical way? Is it the bureaucrat who is responsible for spending other people’s money on other people's priorities or the individual who spends her own money on her own priorities? Here is economist Milton Friedman in favor of the individual: You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. ... Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income. This is a large part of why I oppose some students’ recent call to make the University responsible to provide no-cost feminine hygiene products. The University's involvement will doubtless cause expenses to rise and therefore demand ...