It’s worth noting their differing arguments, however. Friedman advocated replacing existing welfare programs with a negative income tax, and only as a transitional measure toward eliminating redistribution altogether.
The list of historical advocates of a guaranteed basic income is fascinating: https://en.wikipedia.org/wiki/List_of_advocates_of_basic_income#Historical_advocates …pic.twitter.com/PkVzsKRJBD
-
-
-
Friedman discussing the negative income tax on Firing Line. https://youtu.be/xtpgkX588nM
End of conversation
New conversation -
-
-
Every year I find new reasons to love Thomas Paine.
- 1 more reply
New conversation -
-
-
QE has used up the budget for that
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Very interesting!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.