What Hayek Gets Wrong about a Universal Basic Income

What Hayek Gets Wrong about a Universal Basic Income

Market advocates usually tend to reject any sort of system that seeks to rob from one individual in order to give to another. Yet, when it comes to the welfare state, some who align themselves with free enterprise support the idea of a universal basic income (UBI).

It is believed by some that a UBI would be the best possible way to limit the welfare state without clinging to the more idealistically pure view that it should be abolished altogether. It is reasoned that since the government is likely to continue taking from us anyway, we may as well mitigate […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.