Blind Insights - Universal Basic Incomes and Why Alcohol and TVs Make the World Go Round (Special Guest Sam Burt) - podcast episode cover

Blind Insights - Universal Basic Incomes and Why Alcohol and TVs Make the World Go Round (Special Guest Sam Burt)

Jul 18, 201949 minEp. 31
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Episode description

It's tax time in Australia and the Prime Minister Scott Morrison has passed a tax break for people to stimulate the economy. What are you meant to do with this money? Spend it! What would you do if you had even more guaranteed free money? There's such a thing as a Basic Income Guarantee (also known as Universal Basic Income) which is an idea that has been put forth by progressive and conservative libertarians since the 18th century. What are the costs and the benefits of this system and why does it bother so many people? Imagine what you could do if you knew you could survive when your career falls to pieces... David and Tim are joined by economics expert Sam Burt to discuss the idea and its proponents.

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