A few unemployed Finns are receiving a monthly check with no strings attached—but it’s unlikely to tell us whether universal basic income is a good idea.
Finland has become the first European country to implement a basic income. In a small experiment, 2,000 of the around 213,000 people in the country who are currently unemployed have been selected to receive 560 Euros (about $587) a month as part of their benefits package, according to the Guardian .
The aim of the experiment is to see whether guaranteeing a baseline income for people without jobs will spur them back to work. Finland’s […]