How Finland could see benefits from its basic income experiment

How Finland could see benefits from its basic income experiment

A new plan. Shutterstock One of the greatest political challenges in the 21st century is coming up with a welfare system which is both effective and fair. Recipients and non-recipients of benefits payments are both quick to point out apparent deficiencies in the status quo – as well as problems with any potential alternatives. But some countries are clearly ready for change.

As of January 1 2017, Finland became the first European country to implement a plan whereby unemployed citizens receive a basic monthly income. Created by the government agency responsible for Finnish social security benefits ( KELA ), it […]

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