For two years, the Finnish social security agency — KELA — has been giving 2,000 unemployed Fins 560 euro ($635.4) a month to test not only how much a basic income would improve their livelihoods, but whether these grants would have other ripple effects throughout the Finnish economy. On Friday, the initial results of the experiment will be announced, and could provide further evidence whether or not a universal basic income , or UBI, is as promising an anti-poverty measure as it’s increasingly made out to be.
To announce the findings, KELA plans to host a live stream beginning at […]
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