Finland Experiments With The Universal Basic Income

Finland Experiments With The Universal Basic Income

via Flickr user (cc) Maverick Fang In America, liberals and conservatives disagree on the advantages and disadvantages over the government giving people money. For the most part, conservatives believe that government handouts encourage people to be lazy while liberals think the welfare system improves society by helping those in need. This year, Finland is putting these ideas to the test with a new experiment that gives people a universal basic income regardless of their employment status and income.

Starting this month, Finland has randomly selected 2,000 unemployed citizens to be given €560 euros ($587) a month. If they are on […]

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