It was nearly a year ago when the Finnish government announced that it was scrapping its basic income pilot project (SEE: Finland scraps basic income program, Ontario moves ahead with pilot project). It was a sudden move after officials wanted to experiment for a few years.
Everyone was kept in the dark as to what happened, why the universal basic income (UBI) test of giving 600 euros ($700) per month failed, and if it really benefits society as its proponents suggest.
Now we know the results.Finland’s Social Insurance Institution (FSII) published the data of the two-year pilot project. The main discovery […]
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