How Finland plans to implement the first nation-wide basic income in the EU
I&#x27;m glad someone is trying it out.  Hope they offer insight into what works what doesn&#x27;t and any caveats.  It may also be a bit early, as automation isn&#x27;t in its stride yet.<p>Also, this is Finland a small, rich and homogenous country.  Whether their model can be adapted to say Indonesia or the US or Japan is to be seen.<p>The main source of ideas was from Milton and the Nixon administration who with the economy going south looked for alternative means for people to &quot;make&quot; a living.<p>&quot;...Friedman believed that it should be accompanied by an end to any minimal wage system and any other system of social protection. Friedman also believed it should be as low as possible and financed by a flat income tax&quot;<p>So it&#x27;d be accompanied by a loss of minimum wage floor as well as it should be as low as possible (approx USD 1000&#x2F;mo after initial trial phase in Finland.)<p>It&#x27;s not a comfy lifestyle by any means, but could get people off the streets who otherwise would not have the means.<p>Given those parameters, with a few exceptions, I don&#x27;t see this implementation undermining people&#x27;s will and want to work and at the same time it has great upside in simplicity and affecting their poorest citizens positively.