What kind of a world would it be if everybody was an absolute identical
duplicate of anybody else. You might as well destroy the whole world
and just keep one specimen left for a museum. In the same way, it's
unfair that Muhammad Ali should be a great fighter and should be able to
earn millions. But would it not be even more unfair to the people who
like to watch him if you said that in the pursuit of some abstract idea
of equality we're not going to let Muhammad Ali get more for one nights
fight than the lowest man on the totem pole can get for a days unskilled
work on the docks. You can do that but the result of that would be to
deny people the opportunity to watch Muhammad Ali. I doubt very much he
would be willing to subject himself to the kind of fights he's gone
through if he were to get the pay of an unskilled docker.-Milton Friedman, from Created Equal, an episode of the PBS Free to Choose television series (1980, vol. 5 transcript).
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