Summary #1124

Finnish basic income pilot improved wellbeing, study finds
  • Strictly speaking, it wasn’t a universal income scheme, because the trial recruited people from a restricted group, and the income wasn’t enough to live on.
  • Study authors interviewed 81 participants, and the results could support arguments for, as well as against introducing basic income on a global scale.
  • However, the biggest upside was that basic income receivers were living more peacefully for the 2-year trial period.
  • The trial overall resulted in better mental wellbeing, greater life satisfaction and higher confidence, and was most beneficial for entrepreneurs and artists.
  • What’s interesting, some people used this as an opportunity to help others in their society by doing voluntary unpaid work.


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