Sunday, September 25, 2011

Pierre Berton on Guaranteed Income

"Will a guaranteed annual wage kill incentive among the poor? If a man is given a certain amount of security, won't he quit working? Exactly the same contention could be made about the sons of the wealthy who are left large fortunes. Yet the evidence suggests that, given economic freedom, people will generally choose to do that which interests them most. It is up to society to see that these interests are widened and that too requires investment." —Pierre Berton

From Livable Income For Everyone - The Smug Minority