On Sat, Jan 26, 2013 at 10:26 PM, Jed Rothwell <[email protected]>wrote:
> Harry Veeder <[email protected]> wrote: > > Notably, F. Hayek, one of the greatest advocates of free market >> economics, argued that everyone should receive a basic income or (what >> he called a minimum income) regardless of employment. > > > He did?!?? I am amazed. How very sensible. I guess I do not know much > about him. I am familiar with him of course, but I have not read the book. > > I'll bet none of his modern followers would agree. > > - Jed > > Update: After reading this blog post, I have to acknowledge that I misrepresented Hayek's view. http://clubtroppo.com.au/2014/01/02/did-hayek-support-a-basic-income-guarantee/ I based my interpretation on a passage from the "The Road to Serfdom" but based on what he wrote in other books and what he said in a subsequent interview he only endorsed a means-tested income for people UNABLE to earn a living. Hayek has narrow-minded market-oriented and sexist conception of what constitutes work. Harry
