The Libertarian Case for a Basic Income
https://www.libertarianism.org/colum...e-basic-income
The Pragmatic Libertarian Case for a Basic Income GuaranteeCurrent federal social welfare programs in the United States are an expensive, complicated mess. According to Michael Tanner, the federal government spent more than $668 billion on over one hundred and twenty-six anti-poverty programs in 2012. When you add in the $284 billion spent by state and local governments, that amounts to $20,610 for every poor person in America.
Wouldn’t it be better just to write the poor a check?
https://www.cato-unbound.org/2014/08...come-guarantee
Milton Friedman on Universal Basic IncomeCheaper
Second, a BIG could be considerably cheaper than the current welfare state. How much cheaper depends on the details of the particular proposal. Some, like Murray’s, which involve a progressive tax on the BIG once a certain threshold of income is reached, appear to be considerably cheaper. Other analyses, like Ed Dolan’s, suggest only that a moderate BIG would not cost more than what we currently spend.
https://heavy.com/news/2019/06/milton-friedman-on-ubi/
Why Did Hayek Support a Basic Income?Friedman Thought UBI Gave People More Freedom...
Friedman Wanted to Cut-out Government Interference in People’s Lives....
Friedman Thought UBI Would Enable Work & Increase Equality....
https://www.libertarianism.org/colum...t-basic-income
On the other hand.
4 New Reasons to Fear a Universal Basic Income
https://mises.org/wire/4-new-reasons...l-basic-income
Don’t Be Duped by the Latest "Universal Basic Income" Scheme
https://mises.org/wire/dont-be-duped...-income-scheme
The Hidden Costs of a Universal Basic Income
https://mises.org/wire/hidden-costs-...l-basic-income
Thoughts?
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