4 ms·

I just tried to explain that even guaranteed minimum income can discourage people from working. Basic income will have even more severe counter productive effec

I 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 ago
No, 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).