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Milton Friedman: "The beneficiaries are concentrated, and the payers are diffused"
by conanbatt 9y ago
Milton Friedman: "The beneficiaries are concentrated, and the payers are diffused"
- sharemywin 9y agokinda like facebook.
- kelvin0 9y agoFB is free last I checked. Unless you speak of other costs? Loss of privacy, attention sinkhole/Productivity loss?
- Spivak 9y agoOr literally any business?
- conanbatt 9y agoConsumers of a product are beneficiaries. The general criticism is for state programs, where the people that get the benefit are few, and those who pay taxes cant fight for the few cents taken away from them.