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There's an interesting exchange Milton Friedman has about the inheritance of social capital https://youtu.be/hoFdVuqrMZw?t=3928 https://youtu.be/hoFdVuqrMZw?t=3
by jxramos 8y ago
There's an interesting exchange Milton Friedman has about the inheritance of social capital https://youtu.be/hoFdVuqrMZw?t=3928 https://youtu.be/hoFdVuqrMZw?t=3928
The video cuts off an interesting follow up exchange
"""FRIEDMAN: Well, the major source of inheritance is the inheritance of human qualities not of physical assets."""
https://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/BP_1978_2.pdf https://miltonfriedman.hoover.org/friedman_images/Collection...
He talks about the inheritance of talent here
https://youtu.be/YRLAKD-Vuvk?t=650 https://youtu.be/YRLAKD-Vuvk?t=650
I think in all the exchanges he makes a point about how none of it is fair, just as much as an inheritance of a negative hindrance of some kind also isn't fair. I think another person would play as, "there's no cosmic justice"