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Finnish basic income trial creates happiness, but not jobs
Saturday, February 9th, 2019
In the Finnish experiment, the basic income is below what unemployment benefits pay… The basic income is tax free, but barely enough to live on for someone paying rent, so it keeps pressure on the recipients to join the work force… basic income recipients appeared less stressed, healthier and more confident in the future than a 5,000-member control group of unemployment benefits recipients… those on basic income and the unemployed people in the control group ended up working roughly the same number of days.
Tags: economy, globalization, participation
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