17 July, 2018

Why Did Hayek Support a Basic Income? | Libertarianism.org

Why Did Hayek Support a Basic Income? | Libertarianism.org: "If libertarians are concerned to protect the freedom of all, and not just the freedom of most, we will want some mechanism that catches those who fall through the cracks left by imperfect market competition. We will want, too, some mechanism for protecting individuals whose economic vulnerability renders them vulnerable to domination outside the marketplace – the woman, for example, who stays with her abusive husband because she lacks the financial resources to support herself without him.

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