Economics
The Economics of Universal Basic Income Pilot Programs
Quick fact
In Finland’s national UBI pilot (2017–2018), unemployed participants received a monthly unconditional payment and, over two years, reported better health and wellbeing than a control group, while employment rates remained statistically similar—challenging the fear that basic income destroys work incentives.
Why this is interesting
What if giving people free money didn’t make them lazy, but instead sparked new businesses and better health? That’s exactly what a growing number of pilot programs across the world are testing.