If everyone in Ireland was given €800 a month, what would it do to the economy? Would it result in more people ‘dropping out’ or would it lead to greater entrepreneurial activity? Frances Coppola examines the subject.
Many countries are experimenting with Universal Basic Income. Finland, the first European country to do so, is giving 2,000 of its citizens €560 every month for two years. Five months into the experiment, the people receiving the money are reporting less stress, a greater desire to find work and more time to pursue business ideas.
However, would it work in Ireland and […]
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