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I think you're confused about the difference between a basic income and a guaranteed minimum income. What you are describing is the latter, but what we are advo
by streptomycin 13y ago
I think you're confused about the difference between a basic income and a guaranteed minimum income. What you are describing is the latter, but what we are advocating is the former.
- weddpros 13y agoI just tried to explain that even guaranteed minimum income can discourage people from working. Basic income will have even more severe counter productive effects. I don't see AT ALL why it would not.
- streptomycin 13y agoNo, it's the opposite. That's the main difference between the two, actually. Listen to Milton Friedman: http://www.youtube.com/watch?v=p3ZcF1YjZNs http://www.youtube.com/watch?v=p3ZcF1YjZNs (he explains all this within the first 5 minutes).