Milton Friedman

FAQ About Milton Friedman

How did Milton Friedman view government welfare programs? Milton Friedman
5 days ago | beth

How did Milton Friedman view government welfare programs?

Milton Friedman was critical of traditional government welfare programs, contending that they were often inefficient and counterproductive. Instead, he proposed a negative income tax system, which would directly provide financial support to individuals with incomes below a certain level. This approach aimed to reduce poverty more effectively while maintaining incentives for individuals to work.