Milton Friedman, a conservative libertarian, argued that a negative income tax would remove welfare's incentives against work. While his proposal was not implemented, theearned income credit(EIC) is based on that idea.17 Reduce Waste and Corruption The bureaucrats at India's Finance Ministry who ...
Keynes: The living are going on again about your damn universal basic income or whatever you called it, Milton. Listen to this nonsense.(Lifts up July/August issue ofMIT Technology Review.)“Basic Income: A Sellout of the American Dream,” by David H. Freedman.Much of the mon...