Universal basic income is emerging as a realistic policy position across Europe. As we reported in late 2015, local authorities across the Netherlands are currently running trials to award every citizen unconditional money from the state. And this year, Finland started an experiment of 2,000 randomly selected people, all of whom currently receive out of work benefits. The first monthly payments of …
Drake Baer – What Happens When You Give Free Money to Poor People
Finland, the country that gave the world the sauna, is now experimenting with another act of radical generosity. On January 1, it became the first European country to give unemployed citizens a “basic income” — a no-strings-attached monthly payment meant to cover the basic costs of living. The Guardian reports that it will be a two-year trial of 2,000 Finns …