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Collectors Quote by Milton Friedman

“Whenever you try to do good with someone else's money, you are committed to using force. How can you do good with somebody else's money, unless you first take it away from them? The only way you can take it away from them is the threat of force: you have a policeman, tax collector, who comes and…” quote by Milton Friedman
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“Whenever you try to do good with someone else's money, you are committed to using force. How can you do good with somebody else's money, unless you first take it away from them? The only way you can take it away from them is the threat of force: you have a policeman, tax collector, who comes and takes it from them.”

Milton Friedman

About This Quote

Source Book: Capitalism and Freedom by Milton Friedman, 1962

Using others' money for good inevitably involves coercive authority, as force is required to collect taxes.

In simple terms: Good deeds with others' money need force.

Key Takeaway

Question the ethics of forced redistribution.

Themes

economics ethics politics

Mood

critical analytical skeptical

Type

philosophical political economic

When to use this quote

  • policy debates
  • public finance
  • charitable foundations

Key Concepts

taxation state power voluntary exchange

Questions to Reflect On

  • Is all taxation coercive?
  • Can voluntary contributions replace taxes?
A Different Perspective

Oversimplifies voluntary charity.

4.6 out of 5 (10 ratings)

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