Basic income

Basic income

Many countries or cities have tried out the basic income system, with different results. The idea is simply that people are given a certain amount of money, and it’s given to all of those below a certain income limit. They can do what they want with it, no strings attached. A few cities in Ontario, Canada, tried it out, but they had to canel the trial early, leading to mixed and unreliable data being gathered. In some places, it has been a success, like in Finland, where the experiment with 2000 people getting 500 euros a month, ended three […]

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