Finland's basic-income experiment made headlines around the world when it launched last year, but it will end later this year.
The project involves giving 2,000 unemployed Finns roughly $690 every month, no strings attached.
While the experiment is still attracting attention internationally, Finnish decision-makers will not extend the project.
The Finnish government is now eyeing different social-welfare projects.
Since the beginning of last year, 2,000 Finns have been getting money from the government each month — and they are not expected to do anything in return. The participants, ages 25 to 58, are all unemployed and were selected at random by Kela, Finland's social-security institution.
"And heres the rest of the story..."
http://www.businessinsider.com/finland-to-end-basic-income-experiment-2018-4
The project involves giving 2,000 unemployed Finns roughly $690 every month, no strings attached.
While the experiment is still attracting attention internationally, Finnish decision-makers will not extend the project.
The Finnish government is now eyeing different social-welfare projects.
Since the beginning of last year, 2,000 Finns have been getting money from the government each month — and they are not expected to do anything in return. The participants, ages 25 to 58, are all unemployed and were selected at random by Kela, Finland's social-security institution.
"And heres the rest of the story..."
http://www.businessinsider.com/finland-to-end-basic-income-experiment-2018-4