The experiment has ended. Finland tried a pilot scheme for a universal basic income for its unemployed people – they got a monthly payment from the state whether or not they got a job instead of the usual unemployment benefit, which would end once they found work.
So what happened? We got the results last week, and they carry lessons for other countries – perhaps especially for the US – seeking to find ways of reforming their welfare systems.
In a nutshell, giving people a universal income did not help them get into jobs, but they did feel somewhat happier than […]
Full Post at www.independent.co.uk