Is a guaranteed income the answer an uncertain future?

Is a guaranteed income the answer an uncertain future? Finland’s Social Insurance Institution, KELA, explains in a video on its website that the current social security model was developed to suit the needs of a different era.

No job, no problem – at least, not if you’re one of 2,000 randomly-picked unemployed Finns. Over the next two years, the Finnish government will hand them the equivalent of 4,000 kroner per month with no strings attached. If they find a job, the money is still theirs.

The project is managed by Kela, Finland’s Social Insurance Institution, in order to discover whether a […]

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