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    Finland ends universal basic income

    Finland is ending its universal basic income experiment, in which it offered 2,000 randomly chosen unemployed people $685 a month to spend as they liked, reports The New York Times. The Finnish government launched the program hoping it would “send more people into the job market to revive a weak economy,” says The Times. The Nordic country has now moved in the other direction, implementing rules that will cut benefits for unemployed people who are not actively pursuing work.

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    tsk tsk

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    • testing it in Canada, as wellGnash
    • How is an experiment with 2,000 people in ANY way representative of how this could work across an entire country's economy?BusterBoy
    • Not convinced by the idea but this seems odd. Must be more to it.BusterBoy
    • among other things, they're studying how it would affect peoples motivation to find work.Gnash
    • currently, people on social assistance get penalized (benefits reduced) if they get any kind of work.Gnash
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