The Universal Basic Income: Why Finland Is Giving Away Free Money

finland_UBI

‘Finland is trying to see if the UBI could replace the traditional system of social benefits.

Unlike regular social security, those receiving the basic income don’t need to prove to anyone that they’re actively looking for a job, nor do they stop receiving the money if they do get work. There are no monthly check-ins at the local job center and no obligation to accept a job that the center has found for you.

Kela, Finland’s social security institution – hope that the UBI will achieve three main things: put an end to poverty, tackle unemployment, and cut down on the bureaucracy.’  

http://bigthink.com/articles/the-universal-basic-income-why-finland-is-giving-away-free-money

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