Universal Basic Income: A reality check

I came across a podcast recently that discussed the idea of UBI as a policy for the future. Post GFC, Euro crisis and the current Covid crisis, left wing wokes with their freshly minted humanities and marxist degrees and inbuilt conjectures voiced their blind support for this, without much contemplation of how delicately poised the world is. Half their arguments interestingly flow from one specific geographical region called Nordics / Northern European nations which supposedly distribute national dividends to its citizens. The issue with reading a flashy Bloomberg article and building an opinion is that it affects the judgement. […]

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