Finland pilots radical basic income idea despite feasibility doubts

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Finland to pay unemployed a SALARY – even AFTER they get a job A person visits an unemployment office in Finland A lucky 2,000 unemployed residents will receive £475 (€560) a month, with no requirement on how the money is spent, as part of a two-year trial. The unemployment experiment could be expanded later to low-income groups such as freelancers, small entrepreneurs and part-time workers. KELA, The Social Insurance Institution of Finland, said the scheme was an attempt to discourage people’s fears “of losing out something” and the payments will continue even after receiving a job. Prof […]

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