Monday, January 15, 2018

Is Finland's Universal Basic Income Trial Too Good To Be True? - Slashdot

Image result for free moneyIs Finland's Universal Basic Income Trial Too Good To Be True? - Slashdot
"It was one year ago that Finland began giving money to 2,000 unemployed people -- roughly $652 a month (€560 or £475). 
But have we learned anything about universal basic incomes? 
An anonymous reader quotes the Guardian:
Amid this unprecedented media attention, the experts who devised the scheme are concerned it is being misrepresented. "It's not really what people are portraying it as," said Markus Kanerva, an applied social and behavioural sciences specialist working in the prime minister's office in Helsinki. "A full-scale universal income trial would need to study different target groups, not just the unemployed. It would have to test different basic income levels, look at local factors. This is really about seeing how a basic unconditional income affects the employment of unemployed people...."
Although the experiment may be impacted by all the hype it's generating, according to the Guardian
"One participant who hoped to start his own business with the help of the unconditional monthly payment complained that, after speaking to 140 TV crews and reporters from as far afield as Japan and Korea, he has simply not been able to find the time."
Read it all!

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