Finland ends universal basic income experiment

Finland ends universal basic income experiment

We cannot be tempted by a Universal Basic Income – it would do huge damage to the economy Read more Finland has decided to end its experiment with a universal basic income, in which people are paid an unconditional salary by the state instead of benefits.

The idea of a universal basic income has high-profile champions such as Richard Branson, Facebook boss Mark Zuckerberg and Tesla CEO Elon Musk.

But the Finnish government’s enthusiasm for a pilot scheme, a European first which garnered worldwide attention, is petering out. Calls for extra funding for it were rejected and the two year trial […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.