It would be strange for people to hear that Milton Friedman, one of the greatest and well-known conservative economists, advocated for universal basic income.
Also, Austrian economist Friedrich Hayek, a major advocate of free-market economics, was a supporter of a minimum basic income.
But why?First and foremost, these were great economists who were attached to human principles and not ideals. If some ideas were better for humanity, they were willing to accept them. They didn’t subscribe to a black and white method of thinking of the world.We must explore why universal income is becoming necessary and look at it from a […]
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