An experiment with ‘free money’ in Finland made people happier but did not improve employment levels and would be ‘unsustainable’, a study has found.
2,000 unemployed people were given a €560 (£490) basic income every month in a two-year trial to see whether the system would work better than traditional benefits.
Participants in the Finnish study ‘were more satisfied with their lives and experienced less mental strain, depression , sadness and loneliness,’ researchers said.But the Finnish study found that the handout led to people being employed for only six more days over a one-year period.Finland’s prime minister Sanna Marin does not […]
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