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Fact checking universal basic income: can we transfer our way out of poverty?
- blacksqr 10y agoResearcher calculates that world poverty could be reduced by more than 20% with just $66 billion, decides it's not worth it.
- jstewartmobile 10y agoSummary: Someone at world bank has a "mental exercise" based on a supposition that subtracts an assumption from the estimate of another group of researchers based on several abstractions applied to a number of estimates. I used to wonder how I got so lucky -- to live in an era where we no longer bleed people for ailments. Nowadays, I sometimes wonder if we'd be better off having physicians bleed people with leeches instead of having bankers and economists bleed the world with finance.