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Javier Milei broadcast a video of Milton Friedman and criticized the idea of the efficient State: “It is a mask to rob you” - Infobae
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Javier Milei difundió un video de Milton Friedman y criticó la idea del Estado eficiente: “Es una máscara para robarte”
El presidente publicó un fragmento de una entrevista al Premio Nobel de Economía donde cuestiona “la forma en que gasta dinero” la administración pública. “Dedicado a los delincuentes que te venden”, dijo al fustigar a la dirigencia política
www.infobae.com
March 05, 2024
The president published a fragment of an interview with the Nobel Prize in Economics where he questions “the way in which the public administration spends money.” “Dedicated to the criminals who sell you,” he said when criticizing the political leadership
(Franco Fafasuli)
Javier Milei released a video of the American economist and statistician Milton Friedman , in which he argues critically against the way the State spends taxpayers' money. Based on this material, the President criticized the political leadership and the concept of the “efficient State”, in the midst of the largest adjustment of public spending in 30 years that his administration has carried out since December 10: “When you understand this, It is very clear to you that when a politician talks to you about the efficient State, it is only a mask to rob you .
With a publication on his personal account on the X platform, Milei wrote two messages that reject public policies that aim to distribute income through tax collection. In the first post, titled “ Friedman Video ,” the president criticized his adversaries and cited as a source of authority the 1976 Nobel Prize in Economics , who is usually claimed as one of the main figures of economic liberalism and the monetarist school. .
In the fragment of the report, published by the @laredlibertad account on YouTube, Friedman points out that when someone “spends their own money on themselves,” they do it better and more carefully than when a person “ spends someone else's money. ” in others, which is the situation that State officials are going through.
“Now, what happens when you spend someone else's money on someone else? You are a distributor of wellness funds. "You're not going to be anywhere near as careful about spending someone else's money on someone else," says Friedman in the sequence that then criticizes the use of resources in public education: "In all the so-called schools public, people are spending someone else's money on someone else. The teacher is not spending his own money on the children. He is spending taxpayer money on children and that happens throughout the system.”
From that video, Javier Milei ranted against his opposition opponents: “ Dedicated to the criminals who sell you the story of the efficient State .” And if that case existed in Argentina it was never verified. The only thing that was verified is that criminal politicians use companies to steal and persecute.”
And he continued in the second message of the same thread: “When you understand this, it becomes very clear to you that when a politician talks to you about the efficient State, it is only a mask to rob you... And if the person who does it is not biting, it is because He is someone very intellectually limited. There you have a couple of guys who then don't see it... ”
Javier Milei's posts about Milton Friedman's video
Friedman was one of the founders of the Chicago School of Economics , a branch within the neoclassical paradigm that defends the free market. He is one of the most influential economic policy intellectuals of the 20th century along with the British John Maynard Keynes , his ideological adversary.
Javier Milei shares Friedman's central ideas, but the libertarian leader's position is more radical, since he promotes the elimination of any State and not only the implementation of a minimal public administration.
What Milton Friedman says in the video
In the report shared by the president, the economist conceptualizes that there are “ four ways to spend money ”: spending one's own money on oneself or spending it on others (which would result in reducing costs); use other people's money on oneself (which would maximize the benefit of that resource) or allocate other people's money to other people, which is the role of the Government. This last alternative is “the worst” for Friedman.“You can spend your own money on yourself, and when you spend your own money on yourself, you are very careful and make sure you get the most,” he points out in the first example. And he continues: “You can spend your own money on someone else: you give gifts to other people, you invite people to dinner. In that you are very careful not to spend too much, you try to keep the amount you spend low, but you don't worry much about what the other person gets out of it. “You don't pay nearly as much attention to the gifts you buy for other people as you do when you buy for yourself.”
Fragmento de entrevista de Milton Friedman que compartió Milei
Fragmento de entrevista de Milton Friedman que compartió Milei
cdn.jwplayer.com
Fragment of Milton Friedman interview that Milei shared
In this framework, the economist marks a counterpoint when there is the option of " spending someone else's money ", such as "the money of the government, of the taxpayers." “Let's say you're eating lunch with an expense account, but you're spending it on yourself. You make sure you get good things for that money: you try to have a good lunch and choose the right things, but you don't worry too much about whether it's the cheapest,” he says. “Then spend as much as you want. You will be careless ”, He points out.
On the other hand, the last case is due to when those foreign resources are no longer allocated to oneself, but to other people. “You are a distributor of welfare funds. “You're not going to be so careful about spending someone else's money on someone else,” Friedman concludes.
