What happens when you give people a no-strings-attached monthly check? Finland thought it would lead to more people working. Boy were they wrong. Here’s what happened.
Universal basic income (UBI) is the hot policy solution that government leaders worldwide are proposing – even experimenting with. It guarantees each citizen a regular payment regardless of whether or not they work.
How is it different from unemployment assistance? You don’t have to try to find a job or prove you’re looking for work. That sounds like incentivizing laziness.The government of Finland wanted to test that theory and experimented with a basic income program […]
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