Finland’s Basic Income Pilot Was Never Really A Universal Basic Income

Finland’s Basic Income Pilot Was Never Really A Universal Basic Income

Much has been made of the end of the Nordic country’s experiment with giving some of its residents cash, but the program was actually a conservative welfare program that doesn’t say anything about the true UBI experiments in the works around the world.

In 2015, the government of Finland announced a new program that on its surface had progressives pretty excited . Beginning in 2017, 2,000 Finns would receive a flat monthly of €560 (about $685). It seemed like a concrete step toward implementing a universal basic income– a no-strings-attached, economic-security-boosting financial floor for people that’s been praised by […]

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