Finland to test ‘basic income’ (free money)

Finland to test 'basic income' (free money)

Finland’s center-right government, headed by Prime Minister Juha Sipilä, wants to see if an unconditional basic income would encourage Finns to take low-paid or part-time jobs that don’t pay off for them under the country’s current welfare rules.

Right now many unemployed Finns are caught in “incentive traps,” where working leaves them worse off than staying on social assistance.

Ollie Kangas, director of government and community relations at KELA , the government agency that handles all sorts of public benefits, He is leading the basic income experiment. “In the present system […]

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