THE VIDEO SHELF · negative income tax
Milton Friedman - The Negative Income Tax
A 1968 Firing Line interview in which Milton Friedman explains the negative income tax, a proposal to replace welfare bureaucracy with direct payments.
Why HN readers recommended it
The go-to primary source in basic income threads for Friedman's negative income tax idea.
This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.
Video & recommendation details
- Creator / channel
- LibertyPen
- Topic
- negative income tax
- Format
- interview
- Level
- intro
- HN recommenders in dataset
- 7
- HN mentions in dataset
- 20
- Recommendation years in dataset
- 2012–2022
These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.
From the original HN conversations
Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.
Milton Friedman was a proponent (an originator?) of the idea of a negative income tax (as opposed to services). The idea of course, is that the problem of being poor is money , not services. Rather than explain it here, you can see him summing …
tolmasky on Hacker News · 2013-03
In Want to Help People? Just Give Them MoneyThere's still an incentive to work with a negative income tax. This is an interesting discussion about it: [VIDEO]
backprojection on Hacker News · 2013-10
In Swiss to vote on 2,500 franc basic income for every adultI assume this is akin to Milton Friedman's negative tax: [VIDEO] I think it's brilliant. The major issue would be how to do a transition to it and what the "magic number" is.
mbesto on Hacker News · 2013-10
In New dutch political party wants € 1,000 basic income for everyone
Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.