4 ms·
In other words: Basic Socialism.
by teilo 17y ago
In other words: Basic Socialism.
- pln 17y agoHayek and friedman are certainly among the more outspoken proponents of socialism
- teilo 17y agoI may be an Austrian, but I don't agree with everything that any Austrian ever wrote. And I am definitely not a Friedman fan, although he is preferable to many alternatives.
- huangm 17y agoIf the US replaced all of its welfare and re-distributional programs with a negative income tax (sales/estate/corporate/etc taxes would be scrapped as well), the US would be far less socialist than it is today. There seems to be reasonable evidence that at least some quantity of 'welfare' is beneficial. If that's the case, then the negative income tax can provide that without all the bad distortions that traditional welfare/re-distributions (SS, unemployment insurance, etc) produce. (Alas, we can never escape the DWL of taxation, though).
- sup7rstar 17y agoHaha! :)) This is a good one
- lucumo 17y agoAre you using that statement as just a factual observation, or are you attaching a value judgment to it?