Vol. II, Ch. XVII, p. 351.
(Buch II) (1893)
“What the welfare system and other kinds of governmental programs are doing is paying people to fail. In so far as they fail, they receive the money; in so far as they succeed, even to a moderate extent, the money is taken away.”
During a discussion in Milton Friedman's "Free to Choose" television series in 1980.
1980s–1990s
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Thomas Sowell 101
American economist, social theorist, political philosopher … 1930Related quotes
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Source: NoticiasEsperanzaAguirre.es http://www.noticiasesperanzaaguirre.es/aguirre-el-socialismo-fracasa-cuando-se-le-acaba-el-dinero-de-diario-siglo-xxi/. April 2011.
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Playboy interview (May 1995)
Context: In the real world, very smart people fail and mediocre people rise. Part of what makes people fail or succeed are skills that have nothing to do with IQ. Also, the idea that intelligence can be gauged by an IQ test is erroneous.