The Friedman negative income tax would surely be better than the complicated patchwork of taxes and welfare programs modern countries have today, if only for its simplicity.
I would not mind seeing an experiment in putting everyone on a BI and then taxing at a flat rate like that. What makes the welfare we know so terrible is that for all its good intentions, it works out to a system that pays people to do those things that keep them poor in the first place.
I would not mind seeing an experiment in putting everyone on a BI and then taxing at a flat rate like that. What makes the welfare we know so terrible is that for all its good intentions, it works out to a system that pays people to do those things that keep them poor in the first place.