With centralized social welfare systems breaking down, the world will be watching Finland’s experiment
Finland is testing the idea of a Basic Income – paying €560 to a select group of citizens regardless of whether they work or not.
The experiment will be watched closely, as the rise in automation and precarious work is revealing the severe flaws in the current social welfare system. I am a big fan of the Basic Income, though I have recently given more thought to the problem of making sure people are incentivized to find work. This matters, because it’s tough to imagine that people […]