Wednesday, February 20, 2013

Slate's Yglesias supports basic income guarantee

A proposal to replace or supplement the current social welfare system with a Basic Income Guarantee (proposed by Robert Anton Wilson and various other luminaries, such as Milton Friedman) continues to pop up now and then on the Internet. The latest I ran across was from Matthew Yglesias, the thoughtful economics blogger for Slate. Mr. Yglesias argues that instead of a minimum wage, we should have a guaranteed basic income, paired with an Earned Income Tax Credit. I think he makes an intriguing case.


michael said...

Yglesias is so prolific I wonder what his method. Often there's five fairly meaty blog-articles on various aspects of economics, all posted within a handful of hours.

The link to his Basic Income article isn't getting me there.

Cleveland Okie (Tom Jackson) said...

I was trying to link back to an earlier post that referenced one of yours; I think it's fixed.

Yglesias wears me out, and so does Ezra Klein.