Finland to Offer Universal Basic Income (H/T Milton Friedman): Scott Ott Podcast #41

Finland to try Universal Basic Income, a Milton Friedman idea -- on this Scott Ott Podcast
Photo: Usien

Finland is about to wipe out a bunch of social service programs for the poor, and replace them with a monthly stipend — a Universal Basic Income — for everyone. Believe it or not, Milton Friedman proposed this years ago as, essentially, a “negative income tax.” You might be surprised at my reaction to the plan in Scott Ott Podcast #41. Listen and tell me yours.

Here’s the City Journal story I reference in the podcast.

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Scott Ott Show, Ep. 24: Finland Tries Universal Basic Income, Nixes Social Programs

In this episode of Scott Ott Show (#24)…
— New Finnish Model gets nanny state off the backs of the poor and guarantees everyone a basic income. Is it worth a shot?
— Amos Dudley made his own braces for $60 with a 3D printer. Cool
— Ivanpah Solar facility uses your money to make expensive electricity, and kill eagles
— Accidental text message brings unexpected visit to new parents
— Nana B passes into legend. My tribute.