Finis to a ‘universal basic income’

Finis to a ‘universal basic income’

President of Finland Sauli Niinisto attends a press conference with US Secretary of Defense James Mattis in Helsinki, Finland, Monday Nov. 6, 2017. Heading into a week of meetings with Nordic countries and allies across Europe, Mattis must begin to … ANALYSIS/OPINION:

Fans of the welfare state mostly the nave waiting for the streetcar to Utopia have dreamed for years of a “universal basic income” for everybody, paid by governments to layabouts and unemployables. The doughty Finns tried it, and to their surprise and disappointment it didn’t accomplish anything beyond an expensive lesson in how human nature invariably works. […]

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