Why Milton Friedman Supported a Guaranteed Income (5 Reasons)

Why Milton Friedman Supported a Guaranteed Income (5 Reasons) Milton Friedman proposed to give everybody free money in his book “Capitalism and Freedom”. He mostly referred to this plan as a negative income tax (and he also referred to it as a guaranteed income because that’s exactly what it is .) But why would Milton Friedman, an outspoken free market capitalist, support giving people money for nothing?

Source: Why Milton Friedman Supported a Guaranteed Income (5 Reasons)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s