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