Finland’s ‘Basic Income’ Experiment Fails Miserably

Finland’s ‘Basic Income’ Experiment Fails Miserably

The concept of a “basic income” has become increasingly popular in left-wing political circles as a way to alleviate poverty. Described briefly, a “basic income” program would involve the government cutting every citizen a check for a predetermined amount every year (presumably at some level that keeps everyone above the poverty line ).

There are some conservative economists that have argued for variants of a basic income, such as Milton Friedman and his “ negative income tax ” for low earners, but he simultaneously called for alongside the abolition of all other welfare programs.

Any government program always sounds better on […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.