Finland’s guaranteed basic income is working to tackle poverty

Finland's guaranteed basic income is working to tackle poverty

In several corners of the world, nonprofits and governments are introducing guaranteed basic income. Entire villages in Kenya have been receiving a basic income through a charity program, there’s a small test initiative in the Netherlands, India is considering it, and Canada is rolling out a basic income pilot program in several cities in Ontario this summer.

But it’s Finland that may be the farthest along. This Nordic nation launched a basic income experiment in January. Every month, the country gives $600 to some 2,000 unemployed people between the ages of 25 and 58. Each will receive this monthly financial […]

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