Can Finland overhaul its social security system with basic income?

Can Finland overhaul its social security system with basic income?

Two thousand unemployed workers will receive €560 for the next two years in a groundbreaking national basic income trial in Finland.

Early January may have been cold in the north-east of Europe but for 2,000 unemployed Finns, 9 January felt like an exceptionally warm moment. They had just received the first payments of a two-year basic income trial in their accounts. The €560 would not be reduced or interrupted if they took on work.

An old idea, calls for a universal basic income have been growing in recent years, particularly with the rise of precarious employment in industrialised societies. Most current […]

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