An Alternative Case for Universal Basic Income

Economist Otto Lehto makes a case for universal basic income, discussing its potential economic efficiency, redistribution of resources, and promotion of problem-solving capacity. They explore the practical implications of UBI and compare it with negative income tax. The podcast also delves into the cultural critique and potential benefits of UBI, highlighting the shifting views of conservatives. Additionally, it discusses parallels between state support and foreign aid, advocating for a universal cash voucher as a solution.