This week it was announced that Finland, which had launched an experiment deploying “Universal Basic Income,” is stopping the project. Universal Basic Income, or UBI, is the socialistic dream of those who envision a more equal world by guaranteeing a base salary for everyone, regardless of whether they work or not. Finland has been testing that program and seems to have discovered that handing out money without restrictions is somewhat expensive. It doesn’t seem to work. And surprisingly, neither do the people receiving UBI.
Wow. Am I surprised at that. No one could have seen that coming.
Interestingly, Finland seems to […]
Full Post at www.workerscompensation.com