It’s not a new concept. In the late 1790s, American statesman Thomas Paine called for a universal payment of £15 per year to all his countrymen in exchange for the right to hold private property.
First suggested over 200 years ago, the idea of universal basic income never quite went away, and in many circles, it’s actually picking up steam.
Progressive Finland is officially the first sovereign nation to put it to the test. Two-thousand Finnish citizens, who were selected randomly from those currently receiving unemployment benefits or an income subsidy, will now receive €560 ($587) a month. Everyone gets the same amount of money whether they work or not. The pilot will run for the next two years, and may eventually expand to include all Finns. Read more...
More about Work Life, Business, Minimum Basic Income, and Universal Basic Income from Mashable http://ift.tt/2hPOBmC
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