Finland was the world’s first country to experiment nationwide with giving unemployed people a set amount of money every month, no strings attached, over a two-year period. It was hoped that the basic income would provide an incentive to help recipients find work.
CGTN’s June-wei Sum reports. Now the first results of this universal basic income experiment have come in, and it is a mixed bag.
From January 2017 to December 2018, 2,000 unemployed Finns received an unconditional monthly payment of €560 or about $630, to see if it would help them get back to work. That is about the same […]
Full Post at america.cgtn.com