Expert: Basic income experiment did not fail

Expert: Basic income experiment did not fail

In 2017, the Finnish government launched an experiment testing an unconditional basic income. The experiment is being conducted by Finnish Social Insurance Institution Kela among 2,000 persons between ages 25 and 58, who will receive a monthly basic income of 560 euros for two years. [EPA/KIMMO BRANDT] The Finnish basic income experiment is currently causing a stir, some even declare it has failed. That is not entirely correct but there are important decisions to make in Finland. EURACTIV Germany’s media partner “ WirtschaftsWoche ” reports.

If Olli Kangas understood German, he would have rubbed his eyes in amazement last week. […]

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