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Milton Friedman - Redistribution of Wealth

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Milton Friedman - Redistribution of Wealth

A short clip of Milton Friedman clearing up misconceptions about redistribution of wealth and inheritance tax, arguing that a heavy inheritance tax encourages wasteful behavior.

HN cites it in debates on wealth taxes, inheritance and inequality as Friedman's argument against redistribution.

5 Hacker News mentions · 2011–2017

Topics

  • Microeconomics & behavioral economics
  • Labor, work & inequality

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