Early Evidence Doesn’t Bode Well for Finland’s Basic Income Experiment | International Liberty
"The notion that government should automatically give everyone money – a policy known as “universal basic income” – is now getting a lot of attention.
...Simply stated, the math doesn’t work, people would have less incentive to work, and there would be “public choice” pressures to expand the size of the checks.
...The New York Times published an in-depth preview of Finland’s experiment late last year.
Here’s a description of the problem that Finnish policymakers want to solve.