{"id":652304,"date":"2017-01-05T04:10:11","date_gmt":"2017-01-05T04:10:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/finland-to-give-2000-citizens-free-money-for-two-years-as-part-of-basic-income-experiment\/"},"modified":"2017-01-05T04:10:11","modified_gmt":"2017-01-05T04:10:11","slug":"finland-to-give-2000-citizens-free-money-for-two-years-as-part-of-basic-income-experiment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/finland-to-give-2000-citizens-free-money-for-two-years-as-part-of-basic-income-experiment\/","title":{"rendered":"Finland to give 2,000 citizens free money for two years as part of basic income experiment"},"content":{"rendered":"

Finland will be giving people free money as part of a social welfare experiment: <\/strong>At the start of this new year, Finland launched what some would call a daring experiment to test run the universal basic income welfare system. \u201cStarting [on 1 January] and lasting until 2019, the federal social-security institution Kela will distribute roughly USD 590 each month to 2,000 jobless Finns<\/strong>,\u201d writes Chris Weller for Business Insider<\/a>. Basic income is a social welfare system that guarantees that citizens, whether employed or not, have a set monthly income that can guarantee they will not be \u201cfalling through the cracks,\u201d advocates say.<\/p>\n

Kela\u2019s experiment in Finland, one of a handful around the world, is meant to identify two things: First, whether the basic income system can help Finland reorganize its \u201cmessy\u201d social security system; and second, people\u2019s behavior when they receive free money. <\/strong>\u00a0\u201cSome people might stay on their couches, and some might go to work,\u201d Marjukka Turunen, the head of Kela's legal benefits unit, said. \u201cWe don't know yet.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Finland will be giving people free money as part of a social welfare experiment: At the start of this new year, Finland launched what some would call a daring experiment to test run the universal basic income welfare system. \u201cStarting [on 1 January] and lasting until 2019, the federal social-security institution Kela will distribute roughly […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652304","post","type-post","status-publish","format-standard","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"f3f02f9e-e728-4391-987c-37f814afd797","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652283],"teaser":"","voice_url":""},"yoast_head":"\nFinland to give 2,000 citizens free money for two years as part of basic income experiment - 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The Finns. 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