Finland begins trial of Universal Basic Income as the world looks on. FINLAND has become the first European country to give its unemployed citizens a guaranteed and unconditional monthly wage for doing nothing — even if they get a job.
A number of countries are toying with the idea of introducing the scheme known as Universal Basic Income (UBI). It replaces the traditional means-tested welfare system with a no-strings-attached streamlined version which, in theory, would offer a base level of income to everyone.
But while some have claimed the scheme is more efficient and could help reduce the amount governments […]