4 ms·

> "attempting to cloak itself in free market rhetoric" ... Friedman and Hayek both advocated for a UBI. http://www.theatlantic.com/politics/archive/2014/08/wh

• protomyth 10y ago
  from the article you cited: Milton Friedman advocated a minimum guaranteed income via a “negative income tax.” Minimum guaranteed income is different than basic income.
  • lg 10y ago
    ... which also disincentivizes work more than UBI, because why work a low-wage job for that minimum income when you can get it for nothing instead? whereas with UBI it's always in addition.
    • protomyth 10y ago
      I would have to see something backing that up since unpaid internships would not be just the province of the well off and employers would have some incentive to raise wages where I don't think UBI would do that. You also assume for every $ I get from work would be deducted from my payment which isn't true for a lot of negative income tax schemes.