Finland’s basic income experiment is now underway, with the first payments having been mailed this week. With the experiment generating much media attention, h ere is a review of some of the basics.
On January 1, 2017, Finland launched an experiment in which 2,000 individuals –randomly selected from a pool of unemployment benefit recipients–will receive unconditional cash payments of €560 (about 590 USD) per month for two years.
The first payments were sent out on Monday, January 9 .The main goal of the experiment, as it presently stands, is to determine whether unconditional cash transfers are more effective than means-tested […]
Full Post at basicincome.org