By Gigi Foster
Finland recently cooled on its so-called “universal basic income” experiment of replacing traditional unemployment relief with unconditional flat cheques for a sample of unemployed adults.
Contrary to what its name suggests, the trialled scheme was not “universal”: a sample of already-unemployed people, not a sample of the whole population, received cheques.What mainly set it apart from conventional unemployment relief was that receiving the cheques was not conditional on remaining unemployed. One could be engaged in any activity, or not engaged in any activity, and still receive the cheques — as long as one was unemployed when the government […]
Full Post at newsbroadcastnetwork.com