Money for nothing: is Finland’s universal basic income trial too good to be true? | Inequality

One year on from its launch, the world remains fascinated by Finland’s groundbreaking universal basic income trial : Europe’s first national, government-backed experiment in giving citizens free cash.

In January 2017, the Nordic nation began paying a random but mandatory sample of 2,000 unemployed people aged 25 to 58 a monthly €560 (£475). There is no obligation either to seek or accept employment during the two years the trial lasts, and any who do take a job will continue to receive the same amount.

With the likes of Mark Zuckerberg, Stephen Hawking, Elon Musk and Bernie Sanders all proponents of a […]

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