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Liberal in the Milton Friedman sense, not the Bernie Sanders sense.
by dangerlibrary 11y ago
Liberal in the Milton Friedman sense, not the Bernie Sanders sense.
- task_queue 11y agoLaissez-faire liberals might denounce Friedman as not being liberal enough. He supported social welfare and a basic income because he recognized that the market failed in those arenas. He supported a progressive tax system as well. Suggesting any of those to today's classical liberal would cause them to froth at the mouth and denounce him as a socialist.
- nsxwolf 11y agoI always remember Milton Friedman characterizing his negative income tax as simply being "less bad" than welfare.