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Barry_Cotter comments on Non-standard politics - Less Wrong Discussion

3 Post author: NancyLebovitz 24 October 2014 03:27PM

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Comment author: Barry_Cotter 27 October 2014 05:22:01AM 1 point [-]

(Friedman, among other things, supported a version of guaranteed basic income. To which today's GOP mainstream would probably say, "but if we do that, it will just make poor people even lazier!")

He supported a large negative income tax for those on the lowest (earned) incomes, tapering off to zero, then positive as earned income increased. This is really very far from a guaranteed basic income.