NEW YORK—The Finnish government has discarded the option to extend its world-famous two-year basic income trial, launched in January of 2017 and coming to an end next January.
The experiment has involved 2,000 unemployed Finns picked at random, aged between 25 and 58, who have been receiving about 690 USD every month. The pilot has often been linked with the concept of universal basic income (known as UBI), but the connection is not accurate since only a small number of unemployed people are benefiting from it.
In an ideal UBI scenario, every citizen would receive a regular, livable sum of money, […]
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