It was tried in early 1980s and nearly drove any non oil-related industry in the country extinct. Norway has a manpower bottleneck. The UK had spent its oil wi

It was tried in early 1980s and nearly drove any non oil-related industry in the country extinct. Norway has a manpower bottleneck. The UK had spent its oil windfall domestically and it barely registered. But for a nation of then some 4 million the economy melts down with so much monetary mass.