What was Milton Friedman's argument for a volunteer army instead of a military draft?
A) The societal cost of a draft was much higher than the paychecks of a volunteer army because of the significant opportunity cost of drafted soldiers.
B) A volunteer army would cost less in dollar terms than a drafted army.
C) The United States would no longer need an active army because the country could protect itself adequately with just a few volunteer soldiers.
D) None of the answers is correct.

Question

Quizplus · Accepted Answer

Milton Friedman argued that the opportunity cost of a draft is much higher than the paychecks of a volunteer army because drafted soldiers are taken away from productive activities such as education or work, which ultimately hurts the economy. Therefore, a volunteer army would be more economically efficient.

What Was Milton Friedman's Argument for a Volunteer Army Instead