Could Finland become the first country in the world to introduce a universal basic income?
It’s quite possible: The Finnish government likes the concept, and it’s putting serious resources behind a national experiment. Starting in 2017, up to 100,000 Finns could get up to 1,000 euros a month, in lieu of other benefits. These lucky souls won’t have to work. They won’t have to prove they’re in poverty to get the money. For two years, they’ll get a fixed amount to do with what they will.
The idea of giving away public money, no strings attached, sounds crazy at first. But […]
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