What is Wrong With the Welfare State (Your Tax Dollars at Work) - Milton Friedman | Not An Economist

0:00 - Socialist Bar Joke and Intro
0:34 - History and Origins of Welfare State
2:51 - Why Welfare Disappoints Everyone Despite Good Intentions?
4:01 - Public Housing Program and Welfare
5:22 - Laws of Economics and Politics
6:57 - Best Strategy to Win an Election
8:17 - Government Employees and Welfare
10:44 - Public Education Example
13:01 - Social Security Explained and Why is it BAD
17:47 - Welfare Alternatives, Conclusion and a Quote

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