Finland just gave 2,000 people free money for an extremely good (and interesting) reason
We knew 2017 would be an interesting year because, well, the year following the mess that was 2016 definitely can’t be boring. And boy were we right. Get ready to raise those eyebrows, because apparently Finland just gave 2000 people free money! Yes, seriously. But don’t worry, it’s with purpose. According to Business Insider, it was a part of Finland’s basic income experiment. And it’s as curious as it sounds.
Basically, Finland is offering roughly $590 each month to 2,000 people without jobs. With this experiment, the country hopes to understand how offering free money helps unemployed folks get back to work.
Plus, this will finally answer the question once and for all about what people do when they’re given money by the government. Some say they’ll just sleep all day, while others say it means they’ll have a chance to not stress about money for five minutes and focus on looking for jobs, writing up cover letters and resumes, and gaining new skills.
The move comes from the federal social-security institution Kela. As one of the leaders of the project, Marjukka Turunen, told Business Insider,
As reported by Business Insider, according to advocates of universal basic income, or UBI, people receive a standard amount of money just because, well, they shouldn’t just starve to death and disappear just because they’re poor.
We’re so, so curious about how this will go, as we definitely think everyone should be.