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Computers Quote by Milton Friedman

“If instead of looking at income, you look at levels of consumption, if anything that's become more equal. The fraction of families that have a dishwasher, that have a sewing machine, that have a television set. In respect to consumption, it's very hard to avoid the view that people have been…” quote by Milton Friedman
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“If instead of looking at income, you look at levels of consumption, if anything that's become more equal. The fraction of families that have a dishwasher, that have a sewing machine, that have a television set. In respect to consumption, it's very hard to avoid the view that people have been getting more equal rather than more unequal.”

Milton Friedman

About This Quote

Source Speech: Interview on Economic Equality, 1970s

Viewing equality through consumption shows more households own similar appliances, suggesting rising material parity despite income gaps.

In simple terms: Consumption patterns show growing material equality.

Key Takeaway

Focus on consumption metrics for equity assessments.

Themes

economic equality consumption material parity income vs consumption

Mood

analytical balanced

Type

sociological economic

When to use this quote

  • policy analysis
  • market research
  • social studies
  • public discourse

Key Concepts

economics social stratification consumer behavior

Questions to Reflect On

  • How does consumption equality affect social cohesion?
  • Are material goods the best measure of equality?
A Different Perspective

Ignores qualitative aspects of wellbeing and non‑material inequality.

4.9 out of 5 (9 ratings)

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