Milton Friedman in Young Guns, by Rep. Paul Ryan, Rep. Eric Cantor & Rep. Kevin McCarthy


On Principles & Values: There is no such thing as a free lunch

One of my heroes, the economist Milton Friedman, used to have a saying, "There's no such thing as a free lunch." What he meant is that nothing is free; someone, somewhere, always pays. Despite utopian marketing promises, government health care is not exempt from Friedman's dictum. Far from it. It will raise costs, and someone, somewhere, will pay. By creating a new health-care entitlement while doing nothing to restrain health-care costs, let alone the needless overuse of medical facilities, Democratic health reform will inevitably lead to rationing of care and higher costs. There is no "free" health care just like there is no free lunch. Someone always pays. The American people understand without having to be told that this "someone" is them.
Source: Young Guns, by Reps. Ryan, Cantor & McCarthy, p.103 Sep 14, 2010

The above quotations are from Young Guns: A New Generation of Conservative Leaders,
by Eric Cantor, Paul Ryan, and Kevin McCarthy.
Click here for other excerpts from Young Guns: A New Generation of Conservative Leaders,
by Eric Cantor, Paul Ryan, and Kevin McCarthy.
Click here for other excerpts by Milton Friedman.
Click here for a profile of Milton Friedman.
Please consider a donation to OnTheIssues.org!
Click for details -- or send donations to:
1770 Mass Ave. #630, Cambridge MA 02140
E-mail: submit@OnTheIssues.org
(We rely on your support!)

Page last updated: Feb 27, 2019