«There is no reason why in a free society government should not assure to all ... a uniform minimum income[. When such minimum income] is provided outside the market to all those who, for any reason, are unable to earn in the market an adequate maintenance, this need not lead to a restriction of freedom, or conflict with the Rule of Law». [Friedrich A. von Hayek, Law, Legislation, and Liberty, 1973] «[Some] believe passing a law saying nobody shall get less than [a minimum wage] is helping poor people (who need the money). Youre doing nothing of the kind. What youre doing is to ensure that people whose skills do not justify that wage will be unemployed». [Milton Friedman, interview below, 19??] A conversion is under way. #justkidding #ornot
Posted on: Fri, 11 Jul 2014 13:47:20 +0000