Finland Unleashes Helicopter Money In “Greatest Societal Transformation Of Our Time”

Wednesday, August 31, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Aug 31, 2016

Finland is about to launch an experiment in which a randomly selected group of 2-3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits. The pilot study, running for two years in 2017-2018, aims to assess whether basic income can help reduce poverty, social exclusion, and bureaucracy, while increasing the employment rate.

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