Jump to content


Study of natural universal basic income experiment shows no moral hazard: Does not reduce labor...

Topic Summary


Last Reply



TheWorldNewsOrg -
admin -

Top Posters

Recommended Posts

Screen Shot 2019-02-11 at 11.21.55 AM.png

The Finnish government released the results of a two-year basic income trialon Friday:

  • It didn’t make recipients more likely to work, as many of the program’s supporters had hoped.
  • But here’s the thing: The trial did make people happier...and that’s in a country already rated the world’s happiest by the UN last year. Basically, if you're not actively laughing you're assumed to have just lost your house in an asteroid collision.

The basic income experiment was part of Finland’s search for alternatives to its social security model. Roughly 2,000 unemployed Finns were chosen randomly to receive regular monthly paychecks from the government—which didn’t slash those payouts even if recipients found work.

Other governments were watching. If basic income could encourage the unemployed to take low-paying jobs without fear of losing benefits, states could hypothetically slash welfare costs.

  • The takeaway? “Seems to have been minor on the grounds of the first trial year,” Finland’s minister of health and social affairs said.

If you’re reading, Finnish government, we’ll gladly volunteer as tribute for the next study. You know...for science.

Share this post

Link to post
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...

Important Information

Terms of Service Confirmation