Helsinki from the water: Finland gave people free money but the project was a failure What’s not to like about free money, especially if it’s touted as the cure for society’s ills? But if something sounds too good to be true, then it usually is.
Finland has just spent two years proving that point, with a limited experiment into universal basic income (UBI) closely monitored by other countries.
Some 2000 unemployed Finns were chosen at random to receive €560 (£500) a month from the state instead of their usual benefits. If they got a job, they kept the state’s money regardless.The […]
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