Motorized mannequins hold signs that read "Hire Me" in Toronto, May 23, 2014. Photo: Reuters/Mark Blinch In an effort to understand how to combat unemployment, poverty and social inequality, Finland and Scotland are embarking on bold and ambitious economic experiments that will have their governments pilot a Universal Basic Income (UBI) for every citizen, regardless of their employment status, albeit with a few caveats.
The program has already begun in Finland and is restricted to 2,000 participants who were selected at random out of a pool of people who were receiving some sort of unemployment benefits or income subsidy. The […]
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