Friedman on Merit and Chance

Despite the lip service that we all pay to ‘merit’ as compared to ‘chance’, we are generally much readier to accept inequalities arising from chance than those clearly attributable to merit.

Milton Friedman – Capitalism and Freedom. University of Chicago Press, Chicago & London 2002, p. 166.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s