‘Farewell to Basic Income’: Finns Turn Their Backs on Unconditional Benefits

'Farewell to Basic Income': Finns Turn Their Backs on Unconditional Benefits

Helsinki Finland’s universal basic income trial, carried out between 2017 and 2018, involved 2,000 randomly-selected individuals who received tax-free monthly payments of 580 euros ($640). Later it was widely criticised as disappointing, its effect on employment being minimal.

Three out of five Finnish residents said they do not support the country introducing a basic income model, a poll commissioned by think tank EVA, the Finnish Business and Policy Forum, has found. Most respondents argued that social benefits should be based on need, national broadcaster Yle reported .

In the aptly titled report called “Farewell to Basic Income”, just one third of […]

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