Spending money…


Was googling sometime back… and stumbled upon these amazing lines by Milton Freidman :

There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch! Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government.

At the end of these lines… I just pushed back myself, with a slight pressure on the cushion of my chair and inclining my head off its obvious position… i said to myself, “How True!”. Am sure you did the same!  :D

One Response to “Spending money…”

  1. Spaminator wrote on September 2nd, 2006 at 12:02 pm

    man that line is treuly one of the nest things i have evr heard!!




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