Finland Launches Experiment That Will Give 2,000 People Free Money Until 2019

Finland Launches Experiment That Will Give 2,000 People Free Money Until 2019

Image via Getty/Doug Scott Here’s an experiment that’d likely be argued over by cable news hacks for weeks on end if it were to ever be enacted here. Finland is offering 2,000 unemployed citizens a monthly income of $590 in an effort to learn how that money will help (or not help) those participants get back to work. The $590 figure represents " a trial version of basic income ," and will be allotted regardless of whether the recipients find employment or not.

Marjukka Turunen, the head of the legal benefits unit for the country’s federal social-security agency ( Kela […]

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