Friedman’s four ways

posted by
October 5, 2011
The American Spectator
by Ron Ross  
Posted in Commentary

"It would be nearly impossible to exaggerate how many of our current economic problems are explained by Friedman's four ways of spending money. Think of the four ways in the order they're presented as S1, S2, S3, and S4. As Friedman explains, the effectiveness of how money is spent declines inexorably as you move from S1 to S4." (10/05/11)

http://spectator.org/archives/2011/10/05/friedmans-four-ways  

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