tag:blogger.com,1999:blog-2761684730989137546.post6770668899549287998..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Timothy Taylor — Universal Basic Income: A Thought Experimentmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-76181774389306773582014-07-31T09:30:04.195-04:002014-07-31T09:30:04.195-04:00Adversarial politics demands that you sell your pr...Adversarial politics demands that you sell your product to one audience only.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-70871468164972838192014-07-30T17:16:52.219-04:002014-07-30T17:16:52.219-04:00I believe that Milton Friedman was in favour of it...I believe that Milton Friedman was in favour of it ithe 1960s (labelled as a negative income tax). By folding it into the tax structure, the idea is that you shrink the welfare state bureaucracy. And since it is part of the tax schedule, it's not a handout, it's just people doing their taxes. This should theoretically make it easier to defend politically.<br /><br />For some reason, progressives like the idea, but want to package it in a way so that the marketing is least acceptable to conservatives. Brian Romanchukhttps://www.blogger.com/profile/02699198289421951151noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-26858536605970653272014-07-30T14:29:38.132-04:002014-07-30T14:29:38.132-04:00Yes, there is support for this idea from conservat...Yes, there is support for this idea from conservatives and libertarians.<br />When they believe that increasing levels of unemployment are inevitable due to structural changes in the economy, it adds to their support of a BIG. The JG is seen as less practical from an economic standpoint.<br /><br />Good article which helps dissuade the myth that a BIG is an exclusively progressive ideal.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.com