#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

3641.517 - 3670.447 Jennifer Burns

Laissez-faire would not encompass centrally provided relief because in the pure theory, again, very seldom applied purely, but in the pure theory, the wages need to come down far enough and people need to be desperate enough to start taking work and to start the machine again. So the theory would be if you give people relief, they might not go back to work. Now, almost nobody says that.