Finland has launched a basic income experiment – the first in Europe. From 1 January, a random sample of Finland’s unemployed will receive a monthly basic income of €560 (£477) for 2 years, even if they do paid work during that time.
The purpose of the experiment is to see if a basic income can help to boost employment. The experiment may extend in 2018 to include groups on small incomes, such as freelancers, small-scale entrepreneurs, and part-time workers. Image: Market in Helsinki – pixabay 814718 It is the first of a series of experiments where Finland will be […]
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