Finland’s Basic Income experiment Finished

Finland's Basic Income experiment Finished

Since the beginning of last year, 2,000 Finns have been getting money from the government each month — and they are not expected to do anything in return. The participants, ages 25 to 58, are all unemployed and were selected at random by Kela, Finland’s social-security institution.

Instead of unemployment benefits, the participants now receive €560 ($690) a month, tax-free. Should they find a job during the two-year trial, they still get to keep the money.

While the project has been praised internationally for being at the cutting edge of social welfare, back in Finland, decision-makers are pulling the brakes and […]

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