“When you start paying people to be poor” – Milton Friedman

„When you start paying people to be poor, you wind up with an awful lot of poor people.“

Milton FriedmanMilton Friedman on poverty, social policy, and the potential incentive effects of government support.
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Milton Friedman was an American economist and a leading figure in the field of monetarism.

This quote by Milton Friedman addresses the potential incentive effects of social benefits and government support.


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Milton Friedman quote graphic about the unintended effects of paying people to remain poor

Milton Friedman (1912–2006) was an American economist and Nobel laureate, renowned for his contributions to microeconomics, monetarism, and his advocacy of free-market policies. He influenced economic policy in the US and worldwide.

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