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Finland's Universal Basic Income Experiment Has Failed | True News

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First published at 18:54 UTC on April 26th, 2018.

Stefan Molyneux

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Finland’s Universal Basic Income experiment made worldwide headlines in 2017 when it was introduced but has unsurprisingly failed an…

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Finland’s Universal Basic Income experiment made worldwide headlines in 2017 when it was introduced but has unsurprisingly failed and will be discontinued. The project involved Finland’s government providing roughly $690 every month to 2000 unemployed citizens with no strings attached. Stefan Molyneux explains why such programs are doomed to failure and how welfare by any other name is still immoral income redistribution.

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