Magazine
Latest Issue

Momentum for universal basic income grows

Once considered cranky, the idea is climbing up the political agenda

By Stewart Lansley  

©Igor Zehl/Czech News Agency/Press Association Images

On 1st January, Finland’s experiment in universal basic income (UBI) began. A random sample of 2,000 citizens currently receiving unemployment benefit are being given a guaranteed and unconditional €560 (£477) a month for the next two years. The amount will be deducted from any benefits they already receive but crucially, they will continue to get the sum even if they find work. The Finnish government hopes this experiment, which may be expanded…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect