Reminder to jew-worshipping neocon boomer shapiro-bot MIGAcucks:
>Milton Friedman was for UBI
>Thomas Paine was for UBI
>Alaska literally has had UBI for 37 years
libertarianism.org/columns/libertarian-case-basic-income
>Milton Friedman and Frederich Kayek, the key figures in modern lassiez faire economics and classical liberalism, and referenced by almost all modern economists and politicians who follow their schools of thought, supported UBI.
>Both Milton Friedman and Friedrich Hayek advocated for something like a Basic Income Guarantee as a proper function of government, though on somewhat different grounds. Friedman’s argument comes in chapter 9 of his Capitalism and Freedom, and is based on the idea that private attempts at relieving poverty involve what he called “neighborhood effects” or positive externalities. Such externalities, Friedman argues, mean that private charity will be undersupplied by voluntary action.
>[W]e might all of us be willing to contribute to the relief of poverty, provided everyone else did. We might not be willing to contribute the same amount without such assurance.
>And so, Friedman concludes, some “governmental action to alleviate poverty” is justified. Specifically, government is justified in setting “a floor under the standard of life of every person in the community,” a floor that takes the form of his famous “Negative Income Tax” proposal.
>Friedrich Hayek’s argument, appearing 17 years later in volume 3 of his Law, Legislation, and Liberty, is even more powerful. Here’s the crucial passage:
>The assurance of a certain minimum income for everyone, or a sort of floor below which nobody need fall even when he is unable to provide for himself, appears not only to be wholly legitimate protection against a risk common to all, but a necessary part of the Great Society in which the individual no longer has specific claims on the members of the particular small group into which he was born. (emphasis added)
Attached: 1552731749605.png (1086x684, 560K)
