Milton Friedman
Notes
Milton Friedman (1912–2006), American economist, leader of the Chicago school and winner of the 1976 Nobel Memorial Prize, best known for monetarism, Capitalism and Freedom (1962) and the television series Free to Choose. He proposed the negative income tax, a guaranteed minimum paid through the tax system in place of the welfare bureaucracy, which is the right-of-centre ancestor of the basic income and, in my view, the more workable form of it. I disagree with him about most of the rest, and he is here because an idea that both he and Thomas Paine arrived at from opposite directions is worth taking seriously.
Wikipedia: https://en.wikipedia.org/wiki/Milton_Friedman