McKinsey, the consultancy company, has published an article about the Finland Basic Income experiment.

The final results from Finland’s experiment are now
in, and the findings are intriguing: the basic income
in Finland led to a small increase in employment,
significantly boosted multiple measures of the
recipients’ well-being, and reinforced positive
individual and societal feedback loops. …

As with any policy analysis, the results of this
experiment remain subject to debate and can’t
necessarily be generalized. As a result, the
experiment does offer an object lesson in the
complexity of designing and implementing
a randomized control trial of basic income.
Nevertheless, more research on basic income is
required. We can hope that Finland’s example
will inform and inspire others as they set up their
own experiments.

About Malcolm Torry

Malcolm Torry has written 70 articles.