Just over a year ago, we reported that in what was set to be a pilot experiment in " universal basic income" , Finland would become the first nation to hand out "helicopter money" in the form of cash directly to every citizen.
As of January 1, 2017, the experiment in "basic income" has officially begun, with Finland becoming the first country in Europe to pay its unemployed citizens the guaranteed monthly sum of 560 euros ($587), in a "unique social experiment which is hoped to cut government red tape, reduce poverty and boost employment." According to Olli Kangas from […]
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