Fact checking universal basic income: can we transfer our way out of poverty?

Summary: 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.

Researcher calculates that world poverty could be reduced by more than 20% with just $66 billion, decides it's not worth it.