finland basic income

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The World – Finland Abandons Basic Income Experiment

Something close to Thunder Bay’s heart…Basic Income.  Created happy people. Did not create any jobs. Finland Abandons ‘Helicopter Money’ Experiment: No New Jobs Created With socialists rising to the calls of the ‘free shit army’ and the ever-more-left-leaning liberal intelligentsia imagining ever-more-creative ways to pretend to fund their massive government interventions (Modern Monetary Theory), the […]

The World – Finland Abandons Universal Basic Income Experiment

Finland ends universal basic income experiment Finland has decided to end its experiment with a universal basic income, in which people are paid an unconditional salary by the state instead of benefits. The idea of a universal basic income has high-profile champions such as Richard Branson, Facebook boss Mark Zuckerberg and Tesla CEO Elon Musk. But the […]

Ontario – Finnish Minister Gives Thumbs Down To Basic Income Pilot: “We Have To Look At Incentives To Work”

Finland’s finance minister gives thumbs down to basic income pilot: ’We have to look at the incentives to work’ Finland’s experiment with basic income is falling flat. With more than half a year left of the project, decision makers are already pulling the breaks. In an interview with Financial Times, the country’s finance minister Petteri Orpo […]

The World – Helicopter Money Begins To Fall In Finland

The last bullet in the government’s fight to avoid total economic collapse is helicopter money.  Finland takes the first baby step in that direction. Finland Unleashes Helicopter Money In “Greatest Societal Transformation Of Our Time” Finland is about to launch an experiment in which a randomly selected group of 2,000–3,000 citizens already on unemployment benefits […]

The World – Finland Moving Toward Universal Income

Now this is interesting.  Finland is preparing to pay all of its citizens a universal monthly tax-free income. I am not sure how Finland is going to find the money without taxing the daylights out of all other incomes.  The money has to come from somewhere. You can bet the world will be watching. I […]

Canada – Helicopter Money

A term that I expect to hear a lot next year is “helicopter money”.  Its the next thing that governments will try to use to stimulate the economy.  Might be that last arrow in the government’s fiscal quiver. Basically what will happen is that the government will start handing out money to everyone.  Not borrowed […]