Basic income did not raise employment but improved wellbeing

Basic income did not raise employment but improved wellbeing

They had similar possibilities of finding work than the rest of the country’s population, but a better feeling of wellbeing, health and trust in other people and in the institutions of society. This is how participants felt during the two-year basic income experiment conducted in Finland in 2017-2018, according to the final evaluation study published on 6 May by the Finnish Ministry of Social Affairs and Health.

This was the world’s first experiment of its kind that was nationwide, statutory and based on a randomised field experiment. Participation was not voluntary, which according to the Government means that it is […]

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