The preliminary findings from Finland’s basic income experiment are out and they show mixed results. Both advocates and critics of the idea of a universal basic income will find cause for consternation and celebration. Though widely anticipated by basic income enthusiasts, the Finnish experiment will only fuel further debate on whether or not the idea works.
The experiment ran for two years from January 2017 and was implemented by a centre-right coalition government. It was motivated by a distaste for costly welfare bureaucracy and a desire to eliminate work disincentives that arise when means-tested benefits are withdrawn as recipients increase […]
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