Finland to end its ‘basic income’ experiment

For more than a year, Finland has been testing the proposition that the best way to lift economic fortunes may be the simplest: Hand out money without rules or restrictions on how people use it.

The nation’s experiment with so-called universal basic income has captured global attention as a potentially promising way to restore economic security at a time of worry about inequality and automation. Finland introduced the experiment just over a year ago, Photo: Alamy Now, the experiment is ending. The Finnish government has opted not to continue financing it past this year, a reflection of public discomfort with […]

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