Background Image
The important issue is not how much inequality there is but how much opportunity there is for individuals to get out of the bottom classes and into the top. if there is enough movement upward, people will accept the efficiency of the markets. if you have opportunity, there is a great tolerance for inequality. that has been the saving grace of the american system.
-Milton Friedman
Please Wait....
Translating....

The Important Issue Is Not How Much

Milton Friedman
The important issue is not how much inequality there is but how much opportunity there is for individuals to get out of the bottom classes and into the top. if there is enough movement upward, people will accept the efficiency of the markets. if you have opportunity, there is a great tolerance for inequality. that has been the saving grace of the american system.
Views: 8
Cite this Page
Prevent plagiarism by providing proper attribution.
APA FORMAT
Embed this Quote
Copy this HTML code to embed the quote on your website or blog.
HTML CODE
Topic
Opportunity Class Issues

More From Milton Friedman

In less than a century we experienced great movement. the youth movement! the labor movement! the civil rights movement! the peace movement! the solidarity movement! the women's movement! the disability movement! the disarmament movement! the gay rights movement! the environmental movement! movement! transformation! is there any reason to believe we are done?
Women Believe Gay
Unlimited tolerance must lead to the disappearance of tolerance. if we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society, then the tolerant will be destroyed, and tolerance with them. we should therefore claim, in the name of tolerance, the right not to tolerate the intolerant.
Names Tolerance Claims
The antidote to hatred in the heart, the source of violence, is tolerance. tolerance is an important virtue of bodhisattvas [enlightened heroes and heroines] - it enables you to refrain from reacting angrily to the harm inflicted on you by others. you could call this practice "inner disarmament," in that a well-developed tolerance makes you free from the compulsion to counterattack. for the same reason, we also call tolerance the "best armor," since it protects you from being conquered by hatred itself.
Hero Heart Practice
This is a very important issue that the corporate media chooses not to talk about a whole lot, that we have an economic system which is rigged, which means that at the same time as the middle class of this country is disappearing, almost all of the new income and wealth in america is going to the top 1 percent. you have the top one-tenth of 1 percent owning almost as much wealth as the bottom 90 percent - 58 percent of all new income is going to the top 1 percent.
Country Mean Media
"free markets" is a very general term. there are all sorts of problems that will emerge. free markets work best when the transaction between two individuals affects only those individuals. most often, a transaction between you and me affects a third party. that is the source of all problems for government. that is the source of all pollution problems, of the inequality problem. this reality ensures that the end of history will never come.
Party Reality Government
I find that many christians are in trouble about the future; they think they will not have grace enough to die by. it is much more important that we should have grace enough to live by. it seems to me that death is of very little importance in the meantime. when the dying hour comes, there will be dying grace; but you do not require dying grace to live by.
Death Christian Prayer
Similar Quotes
You would know the secret of death. but how shall you find it unless you seek it in the heath of life? the owl whose night-bound eyes are blind unto the day cannot unveil the mystery of light. if you would indeed behold the spirit of death, open your heart wide unto the body of life. for life and death are one, even as the river and sea are one. for what is it to die but to stand naked in the wind and to melt into the sun?
Death Heart Eye
Death is the chillness that precedes the dawn; we shudder for a moment, then awake in the broad sunshine of the other life.
Death Sunshine Dawn
Didn't books say that too: that there is always price to pay for happiness?
Book Pay Inkdeath
Our creator would never have made such lovely days, and have given us the deep hearts to enjoy them, above and beyond all thought, unless we were meant to be immortal.
Love Death Heart

Trending Author

Alfred Jarry
Alfred Jarry
Jude Deveraux
Jude Deveraux
Alice Munro
Alice Munro
John Dyer
John Dyer
Claire McCaskill
Claire McCaskill
Barbara Pym
Barbara Pym
Category
Information
Inspirational
Philosophy
Personal Growth
Happiness & Joy
Life Lessons
Success & Business
Motivation