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Essay text:
In any particular
case of proposed intervention, we must make up a balance sheet, listing
separately the advantages and disadvantages. Our principles tell us what items
to put on the one side and what items on the other and they give us some
basis for attaching importance to the different items.8
The above quotation suggests that what will follow in Free to Choose
is a discussion of the advantages and disadvantages of government
programs and a careful assessment of their costs and benefits. Instead,
what we find there, as well as in Friedman's numerous popular essays, is
a highly dogmatic polemic against all social programs...
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