Finland’s universal basic income experiment made people happier, but didn’t land them a job

Finland’s universal basic income experiment made people happier, but didn’t land them a job

Credit: Pxhere.

Two years ago, the Finnish government kicked off an ambitious universal basic income (UBI) experiment in which a group of 2,000 randomly selected unemployed citizens were given a monthly income — no strings attached. Each person was allowed to use the money as he or she saw fit. The announcement made the news all over the world, with critics suggesting that “something for nothing” will lead to no good while supporters argued that a universal income that covers the basic necessities of life helps people train and prepare for more fulfilling jobs. Now, the results are in. One […]

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