Posts Tagged ‘friedrich hayek’

Friedrich Hayek: Certain Minimum Income

Posted by admin on Tuesday, July 18, 2017

Friedrich Hayek Money Quote saying everyone should have the certainty that they won’t have less than they need for basic needs and a universal basic income (UBI) should be given to all. Friedrich Hayek said:

The assurance of a certain minimum income for everyone, or a sort of floor below which nobody need fall even when he is unable to provide for himself, appears not only to be a wholly legitimate protection against a risk common to all, but a necessary part of the Great Society
— Friedrich Hayek

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