Universal Basic Income

Universal Basic Income

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Well, its all the rage nowadays. Universal Basic Income is a fixed sum of money transfered to every person, irrespective of social class or the need for it. Many countries have already experimented with it and most have had success. One of the best past and upcoming examples of this is the one in:

Finland. Its a two-year pilot scheme will provide 2,000 unemployed Finnish citizens, aged between 25 and 58, with a monthly basic income of 560 euros ($581.48) that will replace their other social benefits.Netherlands. A two-year test period is tentatively set to begin in January, and […]

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