What Finland Can Teach Us About Universal Basic Income

In January 2017 Finland began giving some of its citizens free money. The idea was simple. The government selected 2,000 unemployed people at random and started giving each 560 euros (about $670) a month for two years, with no strings attached. The participants, who are between 25 and 58 years old, are mandated to participate and required to remain in the experiment until the end of two years.

In January 2017 Finland began giving some of its citizens free money. The idea was simple. The government selected 2,000 unemployed people at random and started giving each 560 euros (about $670) a month for two years, with no strings attached. The participants, who are between 25 and 58 years old, are mandated to participate and required to remain in the experiment until the end of two years.…