Quotulatiousness

April 23, 2018

Finland’s basic income plan coming to an end

Filed under: Economics, Europe, Government — Tags: , , — Nicholas @ 03:00

Karin Olli-Nilsson on the Finnish government’s decision to move away from further basic income experimentation:

Since the beginning of last year, 2000 Finns are getting money from the government each month – and they are not expected to do anything in return. The participants, aged 25–58, are all unemployed, and were selected at random by Kela, Finland’s social-security institution.

Instead of unemployment benefits, the participants now receive €560, or $690, per month, tax free. Should they find a job during the two-year trial, they still get to keep the money.

While the project is praised internationally for being at the cutting edge of social welfare, back in Finland, decision makers are quietly pulling the brakes, making a U-turn that is taking the project in a whole new direction.

”Right now, the government is making changes that are taking the system further away from a basic income,” Kela researcher Miska Simanainen told the Swedish daily Svenska Dagbladet.

The initial plan was for the experiment to be expanded in early 2018 to include workers as well as non-workers early in 2018, but that did not happen – to the disappointment of researchers at Kela. Without workers in the project, researchers are unable to study whether basic income would allow people to make new career moves, or enter training or education.

[…]

No official results of Finland’s basic income experiment will be published until 2019, after the pilot has come to an end.

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