Universal basic income and the Finnish experiment

The preliminary results on the Universal Basic Income (UBI) experiment in Finland, and what they mean for the long-standing questions over the potential impact of UBI in developed countries.

 

“How can sufficient goods be available when anyone can withdraw from work – when people are no longer motivated by the need to earn their own living, or when reliance on the efforts of others makes them lazy? If only you’d been with me in Utopia (…)”

 

Utopia, Thomas More, 1516.

 

The conversation between Rafael Contrasenso and Thomas More has been rehashed this week, following the publication of preliminary results on the Universal Basic Income (UBI) experiment in Finland. There may have been more hashtags, but no fewer mentions of the word ‘utopia’.

 

In this review, we look at how the results of the Finnish UBI experiment were viewed in the blogosphere and social media, and how they fit with longstanding questions over the impact of UBI in developed countries…

 

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Universal basic income and the Finnish experiment