Andrew Coyne: Guarantee a minimum income, not a minimum wage

darkbeaver

the universe is electric
Jan 26, 2006
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Seems like Milton Friedman was a big fan.

How do conbots reconcile this?

I remember this, Friedman explained why free cash to the peasents was a good thing, the value of cash is circulation, the wider the better even if you have to hire circulators and you can collect it by positioning yourself in the flow. Bread booze drugs sex medicine univercity automobiles and cheezebugger platers
weapons amminishun
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Canada has been a leader in this kind of experimenting, but it has been four decades since the last large scale effort, when everyone in Dauphin, Manitoba, was guaranteed a minimum income as a test case. The program ended without an official final analysis, but Evelyn Forget, an economist at the University of Manitoba, did her own analysis and found minor decreases in work effort but larger benefits on various social indicators, from hospitalizations to educational attainment.

“These results would seem to suggest that a Guaranteed Annual Income, implemented broadly in society, may improve health and social outcomes at the community level,” she wrote.


Old anti-poverty idea — guaranteed minimum income — getting new life in Alberta
 

mentalfloss

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Jun 28, 2010
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Guaranteed income would be provided to those who also have a job already.

Ayn Rand was a smart woman?

Lol
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Guaranteed income would be provided to those who also have a job already.

Ayn Rand was a smart woman?

Lol

You wouldn't like her simply because she was smart enough to know that communism is evil.
Read her books.

If they are guaranteed an income why would they bother working to make the same amount of money?