Finnish President Sauli Niinisto attends a joint news conference on Aug. 28, 2017, with U.S. President Donald Trump in the East Room of the White House in Washington, D.C. Finland is abandoning its basic income experiment after just two years. (Chip Somodevilla/Getty Images) After just two years, Finland has abandoned its experiment with giving its citizens a basic income. What are the details?
The plan, which took effect at the beginning of 2017, gave 2,000 unemployed Finns a monthly stipend of 560 euros, equivalent to around $690 U.S., which amounted to more than $33 million over the course of […]
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