- Joined
- Jan 26, 2013
- Messages
- 4,134
- Reaction score
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- Location
- Chicago, IL
- Gender
- Male
- Political Leaning
- Centrist
I would love to see this pass, so we could watch it crash and burn. Man, that would be the final nail in Socialism's coffin.
Basic Income is one of the few policy ideas that has been regarded favorably by economists across the economic spectrum. For example, F.A. Hayek, Milton Friedman, John Maynard Keynes, etc.I think this is one of the dumbest ideas ever imagined by man. The market distortions this would create would have exactly the opposite effect that is intended.
I think you should learn more about what it is, rather than dismiss it out of hand without even understanding what it is or why even the laureate free market economists were interested.
You can start here: Is the World Ready for a Guaranteed Basic Income? - Freakonomics Freakonomics (40 minute podcast) or here Frequently Asked Questions About Basic Income | BIEN