Finland Tests Plan to Replace Welfare State

Finland Tests Plan to Replace Welfare State

Finland is launching a “radical experiment” to see if a simple monthly payment can replace the nation’s ever-expanding tangle of welfare programs.

The monthly payment, dubbed a guaranteed minimum income, or “universal basic income,” is an idea that has been kicked around for years as a replacement for the traditional welfare state. It has some prominent conservative advocates , including Charles Murray today, and luminaries such as Friederich Hayek and Milton Friedman in the past. In various versions of the basic income plan, everyone is paid the same stipend from the government, or everyone whose income falls below […]

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