Finland prepares universal basic income experiment
Pack a heavy coat, folks, we're going to Finland. The Finnish Social Insurance Institution, also known as Kela, has begun work on a proposal that would guarantee a basic income to every citizen of the small Nordic nation. This system of a universal state-facilitated payment delivered to every Finnish person would transform the state's welfare system and potentially provide a blueprint for other countries looking to build a different kind of economy.
17 Nov 2015
