Politics and the forgotten art of persuasion

Ben Wildsmith In the 1960s, when Milton Friedman laid out the economic theories that later underpinned Thatcherism and Reaganomics, he included a negative income tax.

This, he proposed, would create as a base level of income for everyone, so that the unpredictability of a deregulated economy didn’t lead to widespread destitution amongst those who were […]

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