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This is such a lazy take Walter. Almost literally everyone here is in favour of free markets, just not completely unregulated ones.
by matthewmacleod 2y ago
This is such a lazy take Walter. Almost literally everyone here is in favour of free markets, just not completely unregulated ones.
- WalterBright 2y agoA free market requires a government that will enforce laws against fraud and force. Government also plays a role in dealing with externalities. A free market is not "completely unregulated". > Almost literally everyone here is in favour of free markets How does that fit in with single payer health care, rent control, universal basic income, calls for wealth taxes, calls to eliminate wealth "inequality", government football stadiums, government deciding who can play on sports teams, government funded TV, Amtrak, government subsidies, government bailouts, "you didn't build that", and, of course, the ever-increasing taxes and catastrophic amounts of spending?
- Maken 2y agoUniversal basic income is about replacing government health care with free markets.
- WalterBright 2y agoThat's a novel interpretation of it. I've never seen anyone advocate that.
- positr0n 2y agoHardly novel. I see lots of libertarians and conservatives advocating replacing most government spending (and beauracracy!) with UBI. The conservative economist Milton Friedman advocated for UBI in the form of a negative income tax.
- WalterBright 2y ago> replacing most government spending (and beauracracy!) with UBI UBI and free health care are fundamentally different. > UBI in the form of a negative income tax That's not UBI. UBI is everyone gets the same sum from the government.